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medium-term loans

Property firms forced to wean themselves off bank credit

Property firms forced to wean themselves off bank credit

The HCM City Real Estate Association has recently proposed that the central bank should allow lenders to use 45 per cent of their short-term deposits for long- and medium-term loans next year instead of 40 per cent as it has...
Property sector calls for rethink on bank loans

Property sector calls for rethink on bank loans

The new restriction on banks of using only 40 per cent of their short-term deposits for long and medium-term loans should not take effect next year, the HCM City Real Estate Association has said.
HCM City urges banks to cut interest rates

HCM City urges banks to cut interest rates

Interest rates on long - and medium-term loans should be lowered by at least 1.5-2 per cent to speed up credit growth and help companies revive, National Assembly delegates from HCM City have told commercial banks.
HCM City banks offer cheap loans to meet stiff lending target

HCM City banks offer cheap loans to meet stiff lending target

Banks in HCM City are vying with one another to offer preferential loans in an effort to achieve the year''s credit growth target of 13-15 per cent.
Banks urged to cut interest rates

Banks urged to cut interest rates

It is necessary to further cut interest rates on long- and medium-term loans to enable companies to expand and invest in equipment and technology, the HCM City People''s Committee has said.
Customers hold on to cash as bank lower interest rates

Customers hold on to cash as bank lower interest rates

Cash flow into the banking sector will likely fall as lenders have reduced their interest rates, according to independent market observers.