A new regulation on reducing the bank credit limit for large customers under the amended Law on Credit Institutions, will adversely affect both banks and large enterprises, experts said.
The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade...
The State Bank of Viet Nam has shown it is determined to continue with a tight monetary policy for the rest of the year with its decision to refuse to increase bank’s credit limits to constrain inflation and strictly control...