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State Bank of Vietnam

 

State Bank of Vietnam Logo

The State Bank of Vietnam (Vietnamese: Ngân hàng Nhà nước Việt Nam) is the central bank of Vietnam. The Vietnam National Bank was renamed as the State Bank of Vietnam, in accordance with the 1946 Constitution of the Democratic Republic of Vietnam. Following the liberation of the South in 1975, the takeover of the Republic of Vietnam National Bank and private capitalist banks was a starting point of banking activities all over the country under the banking activity regime of a central planning economy.

 
 

The State Bank of Vietnam is a ministry-level body under the administration of the government; the bank governor is a member of the cabinet (equivalent to a minister in the cabinet). The governor is nominated by the prime minister subject to the approval of the National Assembly (Parliament). Vice governors are appointed by the prime minister on the recommendation of the governor. Both governor and vice governors serve a 5-year term.

The State Bank of Vietnam defines its principal roles as:

  
  • Promote monetary stability and formulate monetary policies;
  • Promote institutions’ stability and supervise financial institutions;
  • Provide banking facilities and recommend economic policies to the government;
  • Provide banking facilities for the financial institutions;
  • Manage the country’s international reserves;
  • Print and issue banknotes;
  • Supervise all commercial banks’ activities in Vietnam. Lend the state money to the commercial banks;
  • Issue government bonds, organize bond auctions; and
  • Be in charge of other roles in monetary management and foreign exchange rates.

While the State Bank continued to lend to state owned enterprises in the following years, its has now been largely superseded in the respect by other state-owned banks and by private banks.

State Bank of Vietnam HQ Location Map

State Bank of Vietnam
HQ Address: 49 Ly Thai To
Ha Noi
Vietnam
Tel: +844 9343 327
Fax: +844 9349 569
Website: www.sbv.gov.vn
Swift Code: STBVVNVX
Currency: Vietnamese đồng
Banking Hours:
Monday - Friday : 8.00am - 3.00pm
 

 

The State Bank of Vietnam will surely impress the Vietnam Government, domestic customers and international business colleagues with its strong growth and rapidly modernized directed changes in accordance with international standard as well as continuous improvement of remarkable banking traditions.
 
 

List of banks governed by the State Bank of Vietnam
State Owned Banks (4)
» Mekong Housing Bank (MHB) » Bank for Investment and Development of Vietnam (BIDV)
» Vietnam Bank for Industry and Trade (Vietinbank) » Vietnam Bank for Agriculture and Rural Development (Agribank)
Commercial Joint Stock Banks (36)
» Asia Commercial Bank (ACB) » Vietnam Export-Import Commercial Joint-Stock Bank (Eximbank)
» Eastern Asia Commercial Joint-Stock Bank (DongA Bank) » Vietnam Technological and Commercial Joint- stock Bank (Techcombank)
» Bank for Foreign Trade of Vietnam (Vietcombank) » Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)
» Saigon Bank for Industry and Trade (Saigon Bank) » North Asia Commercial Joint Stock Bank (NASBank, NASB)
» Giadinh Commercial Joint-Stock Bank (GiadinhBank) » Ho Chi Minh City Housing Development Commercial Joint Stock Bank (HDBank)
» First Commercial Bank (First Bank) » Viet Nam Thuong Tin Commercial Joint Stock Bank (Vietbank)
» Dai A Commercial Joint Stock Bank (Dai A Bank) » Kien Long Commercial Joint-Stock Bank (Kienlong Bank)
» Global Petrol Commercial Join Stock Bank (GP.Bank) » Petrolimex Group Commercial Joint Stock Bank (Petrolimex Group Bank, PGBank)
» Nam Viet Commercial Joint Stock Bank (Navibank) » Tien Phong Commercial Joint Stock Bank (TienPhongBank)
» Viet A Commercial Joint Stock Bank (VietABank, VAB) » Military Commercial Joint Stock Bank (Military Bank,MCSB, MB)
» Pacific Commercial Joint Stock Bank (Pacific Bank) » Southern Commercial Joint Stock Bank (Southernbank, PNB)
» Nam A Commercial Joint Stock Bank (NamABank) » Maritime Commercial Joint Stock Bank (Maritimebank, MSB)
» Orient Commercial Joint-Stock Bank (Oricombank, OCB) » Vietnam International Commercial Joint Stock Bank (VIBBank, VIB)
» Ocean Commercial Joint Stock Bank (Ocean Bank) » Saigon - Hanoi Commercial Joint Stock Bank (Sahabank, SHB)
» Western Bank (Western Bank) » VietNam Commercial Joint Stock Bank for Private Enterprises Bank (VPBank)
» Saigon Commercial Joint Stock Bank (SCB ) » Lien Viet Commercial Joint Stock Bank (LienVietBank)
» Hanoi Housing Bank (Habubank, HBB) » My Xuyen Commercial Joint Stock Bank (MXB)
» An Binh Commercial Joint Stock Bank (ABBank)
» Southeast Asia Commercial Joint Stock Bank (SeABank)
Branches of Foreign Banks (36)
» ANZ Vietnam » Commonwealth Bank » Lao-Viet Bank
» ABN-AMRO Bank » Crédit Agricole CIB » Maybank
» Bangkok Bank » DBS Bank » Mega International Commercial Bank
» Bank of China » Deutsche Bank AG » Mizuho Corperate Bank
» Bank of Tokyo Mitsubishi UFJ » Far East National Bank » Natixis
» Bank for Investment and Development of Cambodia » First Commercial Bank » Oversea-Chinese Banking Corporation (OCBC)
» BNP Paribas » HSBC Bank » Taipei Fubon Commercial Bank
» Cathay United Bank » Hua Nan Commercial Bank » Shinhan Bank
» China Construction Bank Corporation » J P Morgan Chase Bank » Standard Chartered Bank
» Chinatrust Commercial Bank » Industrial and Commercial Bank of China » Sumitomo Mitsui Banking Corporation
» Chinfon Commercial Bank » Industrial Bank of Korea » Woori Bank
» Citibank » Korea Exchange Bank » United Oversea Bank (UOB)

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