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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
August 10, 2018 | 10:33
SHB Finance has just inaugurated its new headquarters and launched its new unsecured cash loan to match growing consumer demand.
July 05, 2018 | 10:54
The government’s approval to guarantee the foreign loans for the expansion project of Vinh Tan 4 thermal power plant will accelerate project construction.
June 17, 2018 | 10:53
Successfully accessing banks loans takes Trung Luong-My Thuan Expressway-phase 1 closer to its launch in 2020.