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loans

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.
SMEDF partners with VPBank to facilitate SMEs access to preferential loans

SMEDF partners with VPBank to facilitate SMEs access to preferential loans

Chairman of SMEDF''s Board of Members Phạm Xuân Kiên highlighted that SMEs account for about 98 per cent of all businesses in the country, significantly contributing to the GDP.
Banks register to provide VNĐ405 trillion in loans to support typhoon-affected customers

Banks register to provide VNĐ405 trillion in loans to support typhoon-affected customers

To date, 32 out of 40 commercial banks have registered to provide a total of VNĐ405 trillion (US$16.43 billion) in preferential loans with rates up to two per centage points lower to support customers who were affected by the Typhoon...
Banks with outstanding loans reaching 80 per cent of allocated credit growth quota allowed to expand credit room automatically

Banks with outstanding loans reaching 80 per cent of allocated credit growth quota allowed to expand credit room automatically

Banks with high outstanding loans can proactively increase their credit growth quota without having to send proposals and get approvals from the central bank, the SBV announced on Wednesday.
HCMC offers support, low-interest loans to businesses

HCMC offers support, low-interest loans to businesses

Businesses in HCM City have received support to access favourable loans to bolster production and operation activities, a top official said.
HCM City to offer interest rate subsidies for priority projects

HCM City to offer interest rate subsidies for priority projects

The HCM City People Committee has decided to give interest rate subsidies for loans for priority projects to bolster the city’s socio-economic growth.
Personal loans should not be easy to get: experts

Personal loans should not be easy to get: experts

Borrowers of less than VND100 million do not need to provide a feasibility plan to repay as the banks only require their financial records and the intended use for the money. 
IFC and Welcome Financial Group collaborate to tackle non-performing loans in Việt Nam

IFC and Welcome Financial Group collaborate to tackle non-performing loans in Việt Nam

The platform aims to offload up to $1.2 billion in NPLs, enabling up to 400,000 debtors to regain formal credit access.
Conferences ponder over how small firms can get unsecured bank loans

Conferences ponder over how small firms can get unsecured bank loans

In the country, 85-90 per cent of enterprises are small- or micro-sized and have great difficulty getting credit, with only 40 per cent managing to do so.
Green outstanding loans reached over VNĐ636.96 trillion at end of Q1

Green outstanding loans reached over VNĐ636.96 trillion at end of Q1

ESG outstanding loans of the banking system had grown steadily over the years, reaching about VNĐ2.9 quadrillion by the end of the first quarter this year, accounting for more than 21 per cent of the total.
Outstanding margin loans reach record high amidst strong equity growth

Outstanding margin loans reach record high amidst strong equity growth

Statistics indicate that outstanding margin loans at securities companies are projected to increase by VNĐ23 trillion (US$903.7 million) compared to the end of 2023.
Old loans must endure higher interest rates temporarily: SBV

Old loans must endure higher interest rates temporarily: SBV

While new loans have been issued at significantly lower rates, older loans, even for priority sectors such as mechanical engineering, must still bear high interest rates, especially during a period of economic difficulties. 
Bank lending on clear recovery path in HCM City

Bank lending on clear recovery path in HCM City

Total loans outstanding at banks in HCM City as of the end of March were worth over VNĐ3.57 quadrillion (US$142.57 billion), a 1.9 per cent increase from the previous month, and 9.45 per cent up year-on-year, according to the central...
SMEs offered loans at preferential rates of 1.2-4.4%

SMEs offered loans at preferential rates of 1.2-4.4%

SMEs said it is a practical and meaningful policy to support them with financial resources to start a business or expand production scale.
Việt Nams banking profitability forecast to strengthen in 2024

Việt Nam’s banking profitability forecast to strengthen in 2024

Vietnam Investors Service (VIS Rating) predicts the industry''s return on average assets (ROAA) will recover from wider net interest margins (NIM) and stronger loan growth and support capital generation.