loans

Creating credit mechanism essential for banks to support the aviation industry

September 17, 2021 | 08:02

The government has directed the State Bank of Vietnam to set forth a credit support scheme within this month to help local air carriers bolster liquidity.

Huge credit package coming soon to save Vietnam Airlines

June 22, 2021 | 09:54

Vietnam Airlines is expected to receive a credit package of VND4 trillion ($173.9 million) soon to help avoid bankruptcy.

Non-performing loans boosted by regulation

June 18, 2021 | 08:00

Banks are coming to grips with a tile of non-performing loans due to the pandemic. Kent Wong, partner and head of Banking and Capital Market at VCI Legal, portrays how the new circular’s debt rescheduling may affect banks, and how foreign banks could deal with distressed loans.

Navigating the transition from LIBOR

June 07, 2021 | 07:00

The transition from the London interbank offered rate to the risk-free rate will have a wide-ranging impact on banks globally. In the Asia-Pacific region, a significant number of banks will be affected by the transition as most floating rate loans are denominated in USD. Japanese yen loans also make up a significant portion of total exposures.

Non-performing loans rise with restructuring

May 19, 2021 | 09:00

Banks have experienced a significant bad debt formation while implementing strict provisioning to control non-performing loans amid pandemic struggles – however, debt restructuring portfolios will slightly increase in 2021 as related conditions are expanded.

Annual bank credit report of 2020 and predictions for 2021

April 08, 2021 | 08:00

The SBV strictly monitors macroeconomic models, monetary systems, and COVID-19 situation to assess bank credit with reference to the national action plan.

Central bank considers changing roadmap for ratio of short-term funds for long-term loans

July 22, 2020 | 15:01

The State Bank of Vietnam was considering changing the roadmap for adjusting the ratio of short-term funds used for medium and long-term loans, with the aim that banks could lower lending costs and provide preferential rates to aid post-pandemic recovery.

Resilience, agility and humanity: some lessons from the pandemic

May 30, 2020 | 15:55

José Viñals, group chairman at Standard Chartered, shares the bank’s experience with containing the pandemic and getting through these most turbulent times.

Two key southern waterways logistics corridors proposed with World Bank funding

April 20, 2020 | 18:10

The project on developing two key waterway logistics corridors would give a facelift to shipping infrastructure in the Mekong Delta and Ho Chi Minh City.

CapitaLand secures $280 million in green loans to green out global portfolio by 2030

April 18, 2020 | 16:15

CapitaLand has secured about $280 million in two bilateral green loans to catalyse the greening out of the group’s global portfolio by 2030.

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.

1.62 million needy households received VBSP loans in first nine months

October 08, 2019 | 10:54

VBSP reported $2.39 billion in total outstanding loan balance in the first nine months to more than 1.62 million needy households and policy beneficiaries.

Yeah1 announces plans to take up million-dollar loans

July 20, 2019 | 09:00

Yeah1 (code: YEG) has just announced a plan of taking out bank loans and guarantee for both the parent companies and subsidiaries after the breakdown with YouTube.

Banks may assess pollution risks before granting loans

June 07, 2019 | 09:09

Banks will assess environmental pollution risks when granting loans to projects in some industries, according to a State Bank of Viet Nam (SBV) draft regulation.