ADB policy expertise lending to rising Vietnam relationship

ADB policy expertise lending to rising Vietnam relationship

Since its resumption of operations in Vietnam in 1993, the Asian Development Bank (ADB) has been part of the country’s success story.
Non-bank lending an emerging solution

Non-bank lending an emerging solution

Non-deposit-taking lenders are becoming an optimal solution for smaller enterprises that cannot access bank loans, as well as a crucial factor to improve the supply chain in Vietnam.
NA member urges legal framework for lending apps

NA member urges legal framework for lending apps

A National Assembly delegate urged the legislative to pass a new legal framework for lending applications in Vietnam to resolve the rising problem of usury.
High-end lending in higher demand

High-end lending in higher demand

The young and increasingly affluent population of Vietnam has been spurring great demand for quality wealth advisory services and financial solutions, with a number of banks aiming to support their customers to thrive during both planned and unanticipated moments in life.
Consumers risk higher defaults amid lending sector fluctuation

Consumers risk higher defaults amid lending sector fluctuation

Vietnam’s lending sector appears increasingly susceptible to the boom and bust of the global health crisis, with an uptick in sour loans fanning fears that it would dig into the growth of the whole market.
VBSP on 17-year proud development journey

VBSP on 17-year proud development journey

VBSP shows that credit policies tailored to needy households and other policy beneficiaries are one of the bright points of state policies on poverty reduction.
FE Credit championed Top 10 Asia’s Most Trusted Brands Award

FE Credit championed Top 10 Asia’s Most Trusted Brands Award

FE Credit was conferred the Top 10 Asia’s Most Trusted Brands Award at the Asia International Economic Forum 2019 held late last month in Singapore.
Touting AI as retail banking’s future

Touting AI as retail banking’s future

More than 100 senior leaders and ­experts from Vietnam’s leading ­financial institutions last week took part in a seminar on Artificial Intelligence application in Vietnamese retail banking in Hanoi, organised by ­Trusting Social and the Vietnam Banks Association.
More firms competing for shares in Vietnamese consumer lending market

More firms competing for shares in Vietnamese consumer lending market

Vietnamese and international financial institutions are racing to establish or acquire consumer credit companies as the personal finance market is growing.
New regulations on lending for outbound investment

New regulations on lending for outbound investment

The lending rates should  be agreed between lenders and customers (investors) but shall not exceed 70pc of the customers' offshore investment capital.
VIB's 2018 pre-tax profit rose four-time in two years

VIB's 2018 pre-tax profit rose four-time in two years

Vietnam International Bank (VIB) has just announced its annual financial results of 2018 with before-tax profit jumping to VND2.741 trillion ($119 million), growing by 95 per cent against 2017 and 37 per cent higher than the projected plan.
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.
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