Banks tighten loans for real estate businesses

Banks tighten loans for real estate businesses

The banking industry sharply reduced outstanding loans for real estate business in the first half of 2021 and will continue such limits in the second half.
Long-delayed Khanh Hoa housing project investigated

Long-delayed Khanh Hoa housing project investigated

The State Bank of Viet Nam’s branch in Khanh Hoa has asked credit institutions in the province to report on outstanding loans, payments and guarantees for real estate developer Hoang Quan relating to its stagnant social housing project HQC.
Property loan touches US$20.7 billion mark

Property loan touches US$20.7 billion mark

The total amount of outstanding loans of credit institutions in real estate by the end of last year exceeded VND471 trillion (US$20.72 billion).
Cbank allocates 2012 credit growth caps for more banks

Cbank allocates 2012 credit growth caps for more banks

The State Bank of Vietnam has allocated 2012’s credit growth caps for more lenders.
Hanoi’s office buildings see record-low occupancy rate

Hanoi’s office buildings see record-low occupancy rate

Around 28 per cent of total leasing areas of Hanoi’s office buildings have yet been occupied, a record-low rate, said realty consultancy firm CB Richard Ellis.
Banks told to lower credit growth to 20 pc

Banks told to lower credit growth to 20 pc

The State Bank of Vietnam has instructed commercial banks to submit plans by April 21 for holding credit growth this year at less than 20 per cent.
Property lending cooled to guard against inflation

Property lending cooled to guard against inflation

Access to property-oriented loans is being ring fenced as banks attempt to limit lending to non-productive sectors.
Banks face new juggling act

Banks face new juggling act

Banking authorities’ decision to keep 2011 outstanding loans growth of less than 20 per cent has triggered the need for banks to restructure lending activities.
Reserve rule eased for rural loans

Reserve rule eased for rural loans

HA NOI - The State Bank of Viet Nam has decided to lower compulsory reserves for banks which provide significant financing to farming productions and rural areas in a move to boost the development of this economic sector.