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bank loans

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.
Firms face difficulties in accessing bank loans despite rate cut

Firms face difficulties in accessing bank loans despite rate cut

Although interest rates have continued to sharply, firms say it is still difficult for them to access loans.
Bank loans to real estate business rise in H1 2023

Bank loans to real estate business rise in H1 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.
State Bank of Vietnam announces amendments to bank loans circular

State Bank of Vietnam announces amendments to bank loans circular

The State Bank of Vietnam (SBV) has been developing a draft amending Circular 39 on bank loans to keep credit risks in check
HCM City looks to link up businesses, banks to revive the economy

HCM City looks to link up businesses, banks to revive the economy

To speed up recovery post-Covid-19, HCM City authorities are trying to link up businesses and banks to address the former’s financial needs.
Banking sector promises sufficient funding for businesses post-pandemic

Banking sector promises sufficient funding for businesses post-pandemic

The banking sector will provide enough credit to businesses at supportive interest rates this quarter to help revive them, according to the State Bank of Vietnam’s HCM City branch.
Bank loans rise despite pandemic

Bank loans rise despite pandemic

Despite being strongly affected by the COVID-19 pandemic, bank loans in the first nine months of this year kept rising compared to the same period last year.
Detailed policies needed to help firms get loans

Detailed policies needed to help firms get loans

Many businesses suggested more detailed policies should be issued to help them access bank loans as there remain difficulties in lending.
Businesses want bank loans rolled over, interest waived

Businesses want bank loans rolled over, interest waived

Tran Tuan Anh, director of a three-star hotel in HCM City’s District 1, said hopes of a business revival after earlier waves of COVID-19 were contained have vanished with the latest outbreak, and bankruptcy looms.
Banks watch on loans to potentially risky areas

Banks watch on loans to potentially risky areas

State Bank of Viet Nam (SBV)’s governor Nguyen Thi Hong has directed commercial banks to scrutinise whether a large amount of bank loans in the first quarter flew into potentially risky areas or not to timely take suitable measures.
OCB gets loan from Work Bank affiliate to support small businesses

OCB gets loan from Work Bank affiliate to support small businesses

Orient Commercial Joint Stock Bank (OCB) has received a US$40 million loan from the IFC, a member of the World Bank, to support small and medium-sized enterprises affected by the COVID-19 pandemic.
Investment in agricultural sector remains modest

Investment in agricultural sector remains modest

The Government and the banking sector are paying more attention in enabling those involved in the agricultural sector to obtain loans from the bank, but the number of farmers and agricultural cooperatives able to access bank capital remains modest.
Enlarging the securities market a hard task

Enlarging the securities market a hard task

Expanding the size of the securities market so that it becomes an alternative source of funding for companies beside bank loans remains a hard task for both market regulators and securities companies.
Bank loans to BOT, BT infrastructure projects worth 4.72 billion

Bank loans to BOT, BT infrastructure projects worth $4.72 billion

Bank loans for build-operate-transfer (BOT) and build-transfer (BT) infrastructure projects in the year to September reached nearly VND110 trillion (US$4.72 billion), up 1.85 per cent against the end of 2018.
Property firms opt for bonds as bank loans dry up

Property firms opt for bonds as bank loans dry up

Last month, property developer Vingroup unveiled plans to sell 20 million non-convertible bonds at VND100,000 (US$4.39) each in two phases without any covered warrants or guaranteed assets.