Banks bet on consumer credit growth

Banks bet on consumer credit growth

Credit institutions are being encouraged to implement consumer credit packages and preferential rates as an effective way to stimulate spending sprees and help the domestic economy tide over the storm.
South Korean banks apply caution amid relief moves

South Korean banks apply caution amid relief moves

South Korean lenders are continuing to play the waiting game in regards to measures to combat damage caused by the coronavirus outbreak, though domestic banks and investors have been placing growing bets on rate cuts or tolerance to loans.
Vietjet signs credit loan for medium and long-term financing programme

Vietjet signs credit loan for medium and long-term financing programme

The credit agreements reinforce the growing relationship between Vietjet and regional banks to diversify capital sources.
Options open for overseas investors

Options open for overseas investors

Two of the largest commercial banks in South Korea, Shinhan Bank and Woori Bank, have established 100 per cent subsidiaries in Vietnam, growing into successful foreign lenders with increases in deposits and loans.
Growing Korean influence in Vietnamese financial and banking market

Growing Korean influence in Vietnamese financial and banking market

South Korean giants are entering the Vietnamese financial and banking market by M&A or directly compete with indigenous financial institutions in Vietnam.