A woman rides a motorbike past the State Bank of Vietnam in Hanoi on February 25, 2025. - AFP
HANOI: The National Assembly continued discussions on May 29 on the draft to amend and supplement the Law on Credit Institutions, with a notable proposal to grant the State Bank of Vietnam (SBV) expanded authority to issue special loans, including those without collateral and at 0-per-cent interest.
Under the proposed amendments, the SBV would be authorised to make rapid lending decisions to credit institutions in urgent situations of systemic risk or liquidity crisis.
