Regulation needed for P2P loans

Regulation needed for P2P loans

With peer-to-peer lending becoming increasingly popular in Vietnam, experts said a legal framework is needed to regulate the activity to prevent loan-sharking.
Higher limits could help end loan-sharking: experts

Higher limits could help end loan-sharking: experts

Increasing the limits of unsecured loans given by banks will prevent people from approaching loan sharks, an online conference hosted by the State Bank of Viet Nam (SBV) heard on Wednesday.