Huge credit package coming soon to save Vietnam Airlines

Huge credit package coming soon to save Vietnam Airlines

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

Non-performing loans boosted by regulation

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

Navigating the transition from LIBOR

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

Non-performing loans rise with restructuring

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

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

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

Resilience, agility and humanity: some lessons from the pandemic

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

Two key southern waterways logistics corridors proposed with World Bank funding

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

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

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

Banks step up with willing support for COVID-19 times

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

1.62 million needy households received VBSP loans in first nine months

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

Yeah1 announces plans to take up million-dollar loans

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

Banks may assess pollution risks before granting loans

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.
SHB Finance inaugurates new headquarters and new unsecured loan

SHB Finance inaugurates new headquarters and new unsecured loan

SHB Finance has just inaugurated its new headquarters and launched its new unsecured cash loan to match growing consumer demand.
Foreign loans in Vinh Tan 4 expansion may get government guarantee

Foreign loans in Vinh Tan 4 expansion may get government guarantee

The government’s approval to guarantee the foreign loans for the expansion project of Vinh Tan 4 thermal power plant will accelerate project construction.
Trung Luong-My Thuan Expressway a step closer to resume construction

Trung Luong-My Thuan Expressway a step closer to resume construction

Successfully accessing banks loans takes Trung Luong-My Thuan Expressway-phase 1 closer to its launch in 2020.
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