credit

Credit still increases more than 10 per cent: SBV

December 26, 2020 | 08:00

Deputy Governor of the State Bank of Viet Nam (SBV) Dao Minh Tu has said despite the COVID-19 pandemic, the bank has operated local monetary policy effectively and flexibly this year.

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

December 22, 2020 | 16:09

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.

Increasing economic capacity for healthier credit

November 06, 2020 | 08:55

Vietnam’s capital market stands at an oversupply even as deposit interest rates remains very low, with output interest rates decreasing sharply compared to previous years. Dr. Nguyen Dai Lai, former deputy director of the State Bank of Vietnam’s Banking Development Strategy Department, analyses the current capital market and predicts the development for the rest of the year.

PM demands continued restructuring of credit organisations

July 28, 2020 | 08:38

The steering committee for the restructuring of credit organisations held a meeting in Hanoi on July 27 under the chair of Prime Minister Nguyen Xuan Phuc.

SBV to ease credit growth for commercial banks in Vietnam

July 06, 2020 | 17:01

The SBV would loosen credit growth target for commercial banks in Vietnam to get the economy back on a solid footing.

Central bank bewildered by impossible credit goal triad 3

May 21, 2020 | 14:00

The State Bank of Vietnam lowered its interest rates last week, joining the global easing bandwagon in a bid to cushion the economic fallout stemming from the pandemic.

Agriculture out in the cold for credit

April 16, 2020 | 08:00

The State Bank of Vietnam has directed the banking sector to develop a VND250 trillion ($10.87 billion) credit support programme to help companies hit by the COVID-19 pandemic. Despite the noble sentiment, the funds are largely out of reach for agricultural businesses.

Banks ramp up support for customers in COVID-19 time

April 07, 2020 | 14:56

Amidst the COVID-19 epidemic, banks have slashed lending rates by up to 2 per cent to help customers mitigate the implications on their lives and business.

World Bank to launch $12 billion support package for COVID-19 response

March 04, 2020 | 17:40

The World Bank Group is making available an initial package of $12 billion to assist countries coping with the health and economic impacts of the outbreak.

Banks step up with willing support for COVID-19 times

March 03, 2020 | 08:36

Many banks have rolled out soft credit packages in a bid to help customers, both retail and corporate ones, to mitigate the adverse impacts of COVID-19.

Micro-finance as a tool to lift ethnic minorities out of poverty

December 16, 2019 | 14:29

Well-designed micro-finance services have helped ethnic minority households optimise severely constrained resources across their lifetime.

Bac Giang brightens up prospects with new rural development programme

December 03, 2019 | 15:37

The effective implementation of national target programmes has brought new vitality to diverse areas across the northern province of Bac Giang.

SeABank allowed to apply Basel II before deadline

October 30, 2019 | 17:47

SeABank was officially recognised by the SBV to have met the minimum capital adequacy ratio in accordance with Basel II international standards.

VPBank on stable development track

October 22, 2019 | 09:00

VPBank continues to report rosy business in the third quarter, buoyed by sharp growth in revenue and profit, and improving operating cost and asset quality.