sbv halts lending against gold collateral

SBV halts lending against gold collateral

The State Bank of Vietnam has issued a new regulation forbidding commercial banks from lending cash against gold collateral, in a move aimed at easing pressure on the foreign exchange market, as well as lowering risks to the banking system.
banks back in love with interbank lending

Banks back in love with interbank lending

Local banks are pushing interbank market lending under the expectation of a State Bank base interest rate cut as money pumped through open market operations falls.
banks start lending again to property sector

Banks start lending again to property sector

Local banks have started to make lending available to property developers and homebuyers, on certain conditions, after a long time closing their credit valve.
vietinbank continues to slash lending rates

VietinBank continues to slash lending rates

Vietnam Bank for Industry and Trade, or VietinBank, has continued to launch preferential loan programs for both corporate and individual customers, offering lending rates from 8.95 pct and 4 pct per annum for dong and U.S. dollar loans respectively.
lending costs again prove a headache

Lending costs again prove a headache

Industry players are mulling sourcing dollar loans amid high local currency lending rates.
borrowers struggle to benefit from new lending policy

Borrowers struggle to benefit from new lending policy

Borrowers are finding it challenging to obtain new loans from banks to settle their existing debts at a different bank, despite the recent implementation of a regulation permitting debt transfer.
central bank promotes consumer lending

Central bank promotes consumer lending

The State Bank of Vietnam (SBV) has requested credit institutions and branches of foreign banks to boost consumer lending as part of efforts to prevent loan sharks who have targeted vulnerable people.
how bad debts influence lending rates

How bad debts influence lending rates

Last week the State Bank of Vietnam continued reducing diverse regulatory interest rates in a bid to help remove impediments for borrowers, as well as support credit institution efforts to drive down input costs, and from there be able to reduce lending rates.
businesses hoping for flexibility with lending conditions

Businesses hoping for flexibility with lending conditions

Businesses are still up against it when it comes to applying for bank loans, even though Vietnam’s central bank has cut interest rates several times already this year.
financial institutions role in lending to domestic banks

Financial institutions’ role in lending to domestic banks

The Vietnamese banking system has had to contend with a myriad of internal and external factors in 2022. Andrew Jeffries, country director of the Asian Development Bank in Vietnam, told VIR’s Hong Dung about the current liquidity situation and explained how businesses can access loans from major financial institutions.
lending a hand to progress for the business community

Lending a hand to progress for the business community

Vietnam Investment Review has been growing from strength to strength thanks to its continuous renovation with assorted activities highly appreciated by the business community.
brg group lending hands to aid hanoians in need

BRG Group lending hands to aid Hanoians in need

Responding to the movement ‘For the poor – not leaving anyone behind’ initiated by the prime minister, on October 11, Vietnamese private conglomerate BRG Group donated $21,740 to the Hanoi Fund for the Poor at the launching ceremony of the month dedicated to the poor and social wellbeing of the city.
commercial banks tighten real estate lending

Commercial banks tighten real estate lending

Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.
consolidation lending to confidence in ma market

Consolidation lending to confidence in M&A market

Despite a challenging year for mergers and acquisitions in 2021, Vietnam is expected to see a rebound in dealmaking activities. Masataka “Sam” Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd., shared with VIR’s Thanh Van his insight into the market.
gobear to accelerate development for digital lending and insurance

GoBear to accelerate development for digital lending and insurance

Three years after officially launching in Vietnam, GoBear closes a record year of on-year revenue growth to become the leading financial supermarket in Vietnam.