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Viet Nam to develop credit information database

Update: February, 02/2013 - 09:49

HA NOI (VNS)— Viet Nam aims to develop a national credit information database to assist the State Bank of Viet Nam (SBV) to manage and oversee the local banking system.

According to the SBV, the national credit information database is to help credit institution prevent and reduce risks during their operation as well as aid borrowers in accessing bank credit, thus contributing to the socio-economic development of the country.-VNS

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