Nguyen Thi Hong, the Governor of the State Bank of Vietnam (SBV), has directed banks to continually reduce input costs with an aim to cut loan interest rates.
Consumer financial company, Home Credit Vietnam Finance Company Ltd, recently launched a new loan registration feature on its mobile app, permitting customers to register for new cash loans within two minutes.
Lotte Finance Vietnam Co Ltd (Lotte Finance) on Tuesday officially launched loan services in Viet Nam. This is its first product to be introduced to the market after Lotte Card acquired Techcom Finance in March this year.
The State Bank of Viet Nam and the World Bank on Thursday signed four
credit agreements totaling US$507 million to support Viet Nam''s
priorities in sustainable agriculture, poverty alleviation, and a bus
rapid transit system.
HCM City Housing Development Bank (HDBank) has given a package of
medium loans to businesses with foreign direct investment from June 5 to
September 30, 2014.