Tightened monetary policy forecast for Q4 2018

Tightened monetary policy forecast for Q4 2018

The State Bank of Vietnam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.
Central bank takes no responsibility for 'black' lending

Central bank takes no responsibility for 'black' lending

Some online lenders that offer very high interest rates are in fact a form of ‘black’ credit and the State Bank of Viet Nam (SBV) is not responsible for management over such activities, SBV deputy governor Nguyen Thi Hong has said.
Banks tighten lending rules

Banks tighten lending rules

Many commercial banks in the country have increased loan interest rates by 1-2 per cent to investors in real estate as property prices continue to rise.
Getting back in business a curly question

Getting back in business a curly question

How to help firms back in business is being weighed up by market players and the banking chief.
Lending to start climbing north

Lending to start climbing north

Banks’ consumer lending is expected to heat up in the wake of a state policy incentive proposal to be rolled out this quarter.
Banks suffer soft credit demand

Banks suffer soft credit demand

Championing consumer lending, particularly car purchases, has proven tough for banks amid impotent market demand.
Banks look to cash in on higher credit growth

Banks look to cash in on higher credit growth

Commercial banks are trying to increase credit growth this year as the State Bank has given them a target of 12 per cent.
FX fears give firms a wobble

FX fears give firms a wobble

Import-export firms are anxious about key foreign currencies’ lending restrictions to bite from 2013.
Bullet fired at dollarisation

Bullet fired at dollarisation

Restrictions and prohibitions of lending in foreign currencies are being proposed as measure to promote the de-dollarisation of the local economy.
Banks work to get property moving

Banks work to get property moving

Banks are scaling up efforts to inject capital into property area to boost lending and warm up a sleepy property market.
Banks race to grab customers

Banks race to grab customers

Anticipating the chronic surging demand for capital during the year-end period, local banks are racing to offer concessionary credit packages to woo customers.
Property investors still have butterflies in the stomach

Property investors still have butterflies in the stomach

The jury is out on whether stepping into property investment is a wise decision.
Banks reinvigorate lending

Banks reinvigorate lending

Stoking up personal lending is one way for banks to boost credit growth.
Interest rate initiative to benefit firms

Interest rate initiative to benefit firms

A lending rate move is to ease pressure on squeezed businesses.
Firms’ SOS to spark big rescue

Firms’ SOS to spark big rescue

Local enterprises’ dramatic SOS has pushed the government to roll out a major rescue package. However, it is unclear whether the rescue package will actually keep firms afloat.
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