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credit limit

Central bank to raise credit limit, banks slash interest rates

Central bank to raise credit limit, banks slash interest rates

The central bank said local banks that meet liquidity requirements and offer low-interest rates for loans are qualified for the new policy, citing more favourable conditions and system-wide improved liquidity.
ADB increases HDBank credit limit to 125 million

ADB increases HDBank credit limit to $125 million

The Asian Development Bank has announced it will increase the trade finance limit for the Ho Chi Minh City Development Joint Stock Commercial Bank from US$75 million to $125 million, and the rollover loan limit from $10 million to $25...
Credit limit to double for the poor

Credit limit to double for the poor

The Government will double the credit limit for poor people seeking loans without collateral, as part of efforts to reduce poverty and prevent loan sharks.
Supervision required to handle new credit

Supervision required to handle new credit

Prime Minister Nguyen Tan Dung has directed the State Bank of Viet Nam to enhance regular inspections and monitoring for compliance with the regulations on credit extension and using the credit limit.
SBV circular sets restrictions for credit institution ‘families

SBV circular sets restrictions for credit institution ‘families'

The total credit limit granted to founding shareholders, major shareholders, family members and related parties must not exceed 5 per cent of the charter capital of a credit institution.