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Vietnam: Further restrictions on foreign currency lending

Description

On 8 March 2012, State Bank of Vietnam (SBV) issued Circular No. 03/2012/TT-NHNN further restricting foreign currency lending by domestic credit institutions and foreign bank's branches to resident b...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

02 May 2012

Revocation date

31 Dec 2012

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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