Vietnamese, Chinese banks enhance cooperation

20/11/2008 -- 6:27 PM

Beijing (VNA) – The leaders of the Vietnamese and Chinese central banks met in Beijing on November 19 to discuss measures that could be taken to prevent and limit the impact of the global financial crisis. The meeting between the State Bank of Vietnam ’s Governor Nguyen Van Giau and the People’s Bank of China (PBC)’s Governor Zhou Xiaochuan took place as part of the former’s working visit to China from Nov. 19-21. The two sides agreed to set up a joint working group and instructed their international cooperation departments to exchange information and experience in creating and implementing monetary solutions. On Nov. 20-21, Giau and his entourage plan to visit the Guangxi Zhuang Autonomous Region in southern China . On Nov. 17-18, they attended a seminar on the role of inspectors in financial stability, hosted by the Financial Stability Institute under the Bank for International Settlement, the working group on banking inspection of the Executives’ Meeting of East Asia Pacific Central Banks, and the PBC.-Enditem
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