SBV raises credit growth target to counter economic headwinds

SBV raises credit growth target to counter economic headwinds

The State Bank of Vietnam (SBV) disclosed on July 10 an adjustment to the credit growth target for its credit institutions to an estimated 14 per cent.
Banking sector focuses on credit institution restructuring associated with bad debt settlement

Banking sector focuses on credit institution restructuring associated with bad debt settlement

The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing inflation and stabilising macro-economic factors, according to insiders.
Averting the consequences of slowing flows in capital

Averting the consequences of slowing flows in capital

Low credit demand might be an early indicator that bad debt will increase. Nguyen Thi Phuong, deputy general director of Agribank, talked to VIR’s Nhue Man about the issue in the domestic market.
Business mods tackle vehicle demand slump

Business mods tackle vehicle demand slump

Car dealers have had a difficult first quarter as the impact of macro policies, high interest rates, and tightening credit space has caused a sharp decline in vehicle demand in Vietnam.
Credit institutions allowed to reschedule repayment terms

Credit institutions allowed to reschedule repayment terms

Credit institutions and foreign bank branches are now allowed to restructure the repayment terms to support clients struggling with production and business expenses.
Real estate bailout eyes credit recovery

Real estate bailout eyes credit recovery

The Vietnamese government and banks have developed a strategy to improve the credit status of Vietnamese real estate businesses by offering a $5 billion loan package.
Real estate market to reheat gradually in 2023, say experts

Real estate market to reheat gradually in 2023, say experts

By the end of Q3 2023, the real estate market will be thriving due to overcoming problematic legal hurdles and credit policies, say experts.
Expanded credit probable for January

Expanded credit probable for January

The State Bank of Vietnam (SBV) will likely provide commercial banks with more credit room in January.
High-risk sectors to face strict credit restrictions

High-risk sectors to face strict credit restrictions

The State Bank of Vietnam is requiring credit institutions and foreign bank branches to execute credit and interest rate policies properly, as per a new document.
Expectations set for credit adjustment

Expectations set for credit adjustment

Credit room loosened early last week is expected to help increase resources and expand credit for businesses and industries in need.
The short-term implications of SBV credit room lift

The short-term implications of SBV credit room lift

Lifting the credit room may be a temporary solution. Tran Thi Khanh Hien, director of VNDirect’s Analysis Division, talked to VIR’s Hong Dung about the central bank’s move on credit.
Central bank to raise credit limit, banks slash interest rates

Central bank to raise credit limit, banks slash interest rates

The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14 per cent limit on December 5.
Domestic corporations turn to global credit financing sources

Domestic corporations turn to global credit financing sources

Given current challenging fundraising and bleak merger and acquisition circumstances, a number of Vietnamese groups are looking to financing sources from overseas credit facilities to strengthen their resilience in the face of market fluctuations.
Companies urged to engage in capital mobilisation efforts

Companies urged to engage in capital mobilisation efforts

The restricted space for credit flow and the imminent maturation of a significant number of bonds is exerting pressure on the Vietnamese financial sector.
Investors and buyers play waiting game in credit switch

Investors and buyers play waiting game in credit switch

The State Bank of Vietnam finally created extra credit room for some banks on September 7. However, the extension is deemed low and may not help real estate businesses and homebuyers access feasible capital sources for their projects.
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