Vietnamese governor tries to calm fears over banks
Nguyen Thi Hong says banks face liquidity bottlenecks and falling currency is causing pressure
Vietnam’s central bank governor tried to calm fears over the stability of the country’s banking system, after reports that commercial lenders were facing liquidity difficulties.
Nguyen Thi Hong appeared on state-run TV to say the central bank had held several meetings with lenders, which Reuters reported last week. According to Reuters, sources with knowledge of last week’s meetings said several lenders said they were facing difficulties in accessing liquidity.
Hong essentially confirmed the
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