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.
Debt collection taking on new hue

Debt collection taking on new hue

Vietnam faces increasing complexities in consumer lending, with escalating concerns over illegal lending practices, challenges in debt recovery, and a call for stronger legal frameworks to manage non-performing loans and safeguard consumer rights.
Banks post rosy consumer lending performance by year-end despite COVID-19 threat

Banks post rosy consumer lending performance by year-end despite COVID-19 threat

Along with loosened credit growth, a raft of banks have rolled out lucrative lending programmes to fuel consumption demand for the end of the year.