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.
foreign currency lending abolished impact on enterprises

Foreign currency lending abolished – impact on enterprises

Enterprises can borrow money in Vietnamese dong (VND) and then purchase foreign currency for payment when they need the capital to import input materials, say commercial banks.
easy credit launched consumer lending on zalo

Easy Credit launched consumer lending on Zalo

Consumer-oriented consumer lender Easy Credit under state-owned EVN Finance has begun to implement its online loaning programme via Zalo.
banks boost retail lending for solar energy

Banks boost retail lending for solar energy

Banks in Vietnam race to offer loans for household solar energy projects, using low interest rates and long repayment periods as incentives.
social housing lending rate proposed to be lowered

Social housing lending rate proposed to be lowered

The HCM City Real Estate Association has proposed social housing lending rates be lowered to 3-3.5 per year to create favourable conditions for low-income earners to afford homes.
experts forecast lending rates to remain stable

Experts forecast lending rates to remain stable

Many commercial banks have recently increased deposit interest rates, but experts forecast that the rise will last only a short time and won’t have a domino effect on lending rates.
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.
securities firms seek margin lending funds

Securities firms seek margin lending funds

Many securities companies have opted to issue corporate bonds to raise capital to finance their margin lending service, following upbeat forecasts for the market in 2018.
consumer lending in vn surged 65 in 2017

Consumer lending in VN surged 65% in 2017

Consumer lending in 2017 surged sharply by 65 per cent compared to 50.2 per cent in 2016, according to estimates of the National Financial Supervisory Commission (NFSC).
stocks fall on worries of tight margin lending

Stocks fall on worries of tight margin lending

Vietnamese shares ended Tuesday on a negative note as large-cap stocks were hit by strong selling as investors worried about a draft amendment on the initial margin to be passed by market regulators.
consumer lending potential in vn untapped experts

Consumer lending potential in VN untapped: experts

Researchers at Vietnam National University (VNU) on Wednesday presented results of a consumer lending survey showing that the majority of Vietnamese people have never used a consumer loan.
thriving online lending carries potential risks

Thriving online lending carries potential risks

Along with the development of digital technology, online lending is getting more popular by inducing numerous benefits for both borrowers and lenders. However, it also contains some possible risks that all should be wary of. 
auto lending growing rapidly in viet nam

Auto lending growing rapidly in Viet Nam

Auto lending in Viet Nam recorded faster growth than other Southeast Asian emerging markets in the period between 2011 and 2016, according to a research by Singapore-based The Asian Banker.
new regulations on lending activities of foreign credit organizations

New regulations on lending activities of foreign credit organizations

​The State Bank of Viet Nam has issued Circular No.39/2016/TT-NHNN stipulating lending activities of foreign credit organizations and bank branches for customers.
vn bank profits surge on services not lending

VN bank profits surge on services, not lending

Some commercial banks have reported high profits in the first nine months of the year thanks to a restructuring effort which focuses on services instead of lending as previously done.