<p>The State Bank of Vietnam (SBV) has issued a new circular banning commercial banks from providing loans for the purpose of depositing money at other banks, buying gold, or refinancing existing debts.

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The State Bank of Vietnam (SBV) has issued a new circular banning commercial banks from providing loans for the purpose of depositing money at other banks, buying gold, or refinancing existing debts.

SBV prohibits loans for deposit, gold purchase, and refinancing

The Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After more than two decades of development, the group has built a good reputation through four groups of publications about the economy, business, and markets in Vietnamese and one group of English publications for foreign readers.

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SBV prohibits loans for deposit, gold purchase, and refinancing

SBV prohibits loans for deposit, gold purchase, and refinancing