Methods for banking boards to empower women’s businesses in Vietnam

Methods for banking boards to empower women’s businesses in Vietnam

Small and medium-sized enterprises (SMEs) owned by women in Vietnam face significant barriers to finance. Despite the similar business performance, women-owned SMEs are 10 percentage points less likely than those run by men to have a bank loan. When they do get loans, they are smaller amounts and have shorter tenors. On average, SMEs owned by men can expect loans with maturities that are 19 per cent longer.
Credit declines in first half of April due to COVID-19 pandemic

Credit declines in first half of April due to COVID-19 pandemic

Low demand for capital due to COVID-19 has caused bank credit in the first half of April to drop 0.5 percent compared with the end of March, according to the State Bank of Vietnam (SBV).