Private banks scoop up profit while cutting loan yields

Private banks scoop up profit while cutting loan yields

Despite gloomy economic conditions and profound uncertainty from the quarter just ended, six privately-held commercial banks have revealed huge jumps in profit in their latest business reports.
Foreign businesses urge government to approve thermal power plants having enough capital

Foreign businesses urge government to approve thermal power plants having enough capital

Representing 13 associations of FIEs, VBF requested the government to only approve coal-fired thermal power plants where the investors have enough capital.
Bac Giang: Policy credit helps people surmount pandemic challenges

Bac Giang: Policy credit helps people surmount pandemic challenges

The Bac Giang branch of VBSP has been operating at full throttle, bringing policy credit to help locals resume production and stabilise life.
BAC A BANK offers preferential loans for individuals hit by COVID-19

BAC A BANK offers preferential loans for individuals hit by COVID-19

Supporting individual customers to weather the health crisis, BAC A BANK is deploying a special $130.43 million loan programme
Buyers seek loan help

Buyers seek loan help

The pandemic as a force majeure event has crippled people’s ability to meet loan repayment requirements, but while the real estate sector also appears susceptible to the crisis, the State Bank of Vietnam and commercial lenders have taken measures to deal with worrisome property assets.
More bank support given to businesses affected by COVID-19

More bank support given to businesses affected by COVID-19

Credit institutions and businesses can now relax after the SBV extended the time and scope of debt rescheduling for enterprises suffering from COVID-19.
VNDIRECT Securities doubles maiden syndicated loan facility to $100 million

VNDIRECT Securities doubles maiden syndicated loan facility to $100 million

VNDIRECT Securities raised a one-year syndicated loan of $100 million to to tap into a broader pool of liquidity to support its business growth.
KB Kookmin Bank provides $100 million loan for solar project led by ECP

KB Kookmin Bank provides $100 million loan for solar project led by ECP

Kookmin Bank announced that it will join other international financial institutions in a $840 million syndicated loan package to finance a solar power project.
SSI receives $100 million unsecured syndicated loan from leading Taiwanese banks

SSI receives $100 million unsecured syndicated loan from leading Taiwanese banks

SSI Securities JSC (HSX: SSI) has announced a new $100 million unsecured syndicated loan package from a group of leading financial institutions from Taiwan.
BAC A BANK offers incentive loans to rural projects

BAC A BANK offers incentive loans to rural projects

Domestically-invested BAC A BANK is extending a preferential loan package from the Rural Development Fund II (RDFII) to support lives and business in rural areas.
IFC provides $100 million loan to OCB to support SMEs and climate-friendly projects

IFC provides $100 million loan to OCB to support SMEs and climate-friendly projects

IFC will provide a $100 million long-term loan to Vietnamese lender OCB to expand lending to SMEs and boost financing, especially for climate-friendly projects.
New assistance under ADB to boost private sector development in Vietnam

New assistance under ADB to boost private sector development in Vietnam

A new $4.6 million technical assistance package from the ADB will help Vietnam strengthen PPPs, private sector development, and SOE reform.
Policy credit increases 6.3 per cent in first half of 2021

Policy credit increases 6.3 per cent in first half of 2021

As policy credit increased 6.3 per cent in the first half, VBSP is committed to harmonising distribution for the effective implementation of credit programmes.
Enterprises to enjoy preferential rates with loans from BAC A BANK

Enterprises to enjoy preferential rates with loans from BAC A BANK

Supporting the businesses in difficulty and helping them recover, BAC A BANK is implementing a loan package with super-preferential lending rates.
Vietnam Airlines plans to raise additional VND8 trillion ($347.8 million)

Vietnam Airlines plans to raise additional VND8 trillion ($347.8 million)

Vietnam Airlines will seek the approval of its upcoming shareholders' meeting in July to sell stocks to raise VND8 trillion ($347.8 million).
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