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credit

Home loans forecast to become main driver for consumer credit

Home loans forecast to become main driver for consumer credit

Home loans are expected to lead banks’ consumer credit ithe context of low interest rates and a gradually recovering real estate market.
PM direction to promote credit management solutions

PM direction to promote credit management solutions

The PM ordered the central bank to enhance inspection, examination, control and close supervision of credit granting and interest rate announcements and to promptly and strictly handle violations, according to regulations.
Real estate credit increases despite slow market recovery

Real estate credit increases despite slow market recovery

Real estate business credit and the proportion of individual corporate bond issuance have continued to increase sharply, with credit in the third quarter reaching VNĐ1.3 quadrillion.
New policy drafted to help non-bank credit institutions develop further

New policy drafted to help non-bank credit institutions develop further

Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.
New regulations on mergers, consolidation of credit institutions proposed

New regulations on mergers, consolidation of credit institutions proposed

Under a recently released draft circular, the SBV proposes that any merger and consolidation of credit institutions must meet several principles.
High real estate credit growth raises concern

High real estate credit growth raises concern

State Bank of Vietnam (SBV)’s Governor Nguyễn Thị Hồng said real estate loans by the end of September this year were VNĐ3.15 quadrillion, up 9.15 per cent compared to the end of last year.
Abolishing credit rooms under consideration: central bank

Abolishing credit rooms under consideration: central bank

Financial reports showed that as of the end of June, 10 banks posted credit growth rates of below 5 per cent over the end of the previous year.
State bank urges credit growth, consumer lending

State bank urges credit growth, consumer lending

Banks and credit institutions should implement safe and effective credit growth solutions to enable spending and boost consumption.
Central bank confident about credit growth this year

Central bank confident about credit growth this year

The State Bank of Việt Nam is confident about reaching this year''s credit growth target, as lending is expected to accelerate in the remaining months on the recovery of production and business, Deputy Governor of the State Bank of Việt...
Govt set to implement state-funded 1.2b credit package for social housing

Gov’t set to implement state-funded $1.2b credit package for social housing

The Government is set to implement a state-funded credit package valued at VNĐ30 trillion (US$1.2 billion) aimed at enhancing social housing initiatives and replacing the current package that was deemed ineffective.
New policy stipulates special lending cases for credit institutions

New policy stipulates special lending cases for credit institutions

The regulation, under the SBV’s Circular 37/2024/TT-NHNN, stipulates SBV’s special lending cases for credit institutions.
Housing credit on the rise: SBVs office

Housing credit on the rise: SBV's office

According to the State Bank of Vietnam (SBV), housing credit has been on the rise as the property market finds its footing and path to recovery.
Carbon credit market to benefit exporters: insiders

Carbon credit market to benefit exporters: insiders

Rice cultivation is also said to benefit from the carbon credit scheme. Việt Nam is accelerating a project to develop one million hectares of high-quality and low-carbon rice fields in the Mekong Delta region.
Credit growth target is within reach to contribute to boosting economic growth: SBV

Credit growth target is within reach to contribute to boosting economic growth: SBV

Another important factor is to increase the capital absorption capacity of enterprises which will require a combination of macro policies to favourable conditions for businesses, SBV''s Deputy Governor Đào Minh Tú said.
Credit limit for large customers to be gradually reduced over next five years

Credit limit for large customers to be gradually reduced over next five years

Under the Law on Credit Institutions, which took effect from last month, over the next five years, the credit limit will be decreased by one per cent every year for a customer.