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VN, Italy share banking strategies

Update: January, 13/2015 - 09:07
Visiting Vietnamese finance and banking officials and representatives from the Association of Banking in Italy (ABI) discussed policies to stabilize the monetary market in Rome late last week. — VNA/VNS Photo Quang Thanh
HA NOI  (VNS) — Visiting Vietnamese finance and banking officials and representatives from the Association of Banking in Italy (ABI) discussed policies to stabilize the monetary market in Rome late last week.

Policies to finance small and medium-sized enterprises (SMEs) also topped their agenda of discussions. The hosts highlighted the role of the central bank and commercial banks in supporting SMEs and support industries, as well as policies to monitor the banking system.

To stabilise monetary policies and support SMEs better, the Italian team suggested close coordination between banks, enterprises and relevant agencies, adding that support activities should focus on measures to prevent crises, improve SMEs' capacity and increase their access to capital resources.

On behalf of the Vietnamese delegation, Deputy Governor of the State Bank of Viet Nam Dao Minh Tu affirmed that the information shared by the Italian side will be valuable for Viet Nam, especially as the country is restructuring the banking system in general and the financial system in particular. — VNS


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