Bank lending on clear recovery path in HCM City

Monday, Apr 15, 2024

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...

Bank loans to real estate business rise in H1 2023

Wednesday, Sep 06, 2023

Data of 17 listed banks showed their total outstanding loans for the real estate sector in the first half of 2023 reached VNĐ426 trillion, up 36.2 per cent compared to the end of last year.

1st quarter lending grows at double the rate as deposits in HCM City

Friday, Apr 02, 2021

Loans outstanding at HCM City banks have risen by 1.7 per cent for the year in the first quarter but deposits by only 0.8 per cent, according to the State Bank of Viet Nam (SBV).

Sacombank reports $64.5 million profit in first half

Monday, Jul 15, 2019

Sacombank has reported pre-tax profits of nearly VND1.5 trillion (US$64.5 million) in the first half of the year.

Credit institutions asked to up lending to boost business

Friday, Feb 19, 2016

State Bank of Viet Nam (SBV) Governor Nguyen Van Binh on Wednesday asked credit institutions to boost lending right after Tet (Lunar New Year) in a move to support businesses.