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bank credit

New policy drafted to help non-bank credit institutions develop further

New policy drafted to help non-bank credit institutions develop further

Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.
Credit recovers after July decrease

Credit recovers after July decrease

Data released by the SBV shows in the first half of this year, interest rates for new and existing loans continued to decrease.
Bank credit increases again in March

Bank credit increases again in March

To boost credit growth, the SBV has requested credit institutions to firmly implement effective credit growth solutions since early February. Accordingly, credit institutions must review to simplify lending procedures with an aim to increase people''s ability to access capital.
Credit institutions forecast bank credit to increase by 4.4% in Q1 2024

Credit institutions forecast bank credit to increase by 4.4% in Q1 2024

Under the latest survey released last week, credit institutions forecast the rise of the outstanding loans in the whole year of 2024 will be 14.2 per cent, 0.4 percentage points higher than the forecast in the previous survey.
Bank credit growth improves in HCM City

Bank credit growth improves in HCM City

Total loans outstanding as of November 30 at credit institutions in HCM City were worth over VNĐ3.4 quadrillion (US$140.15 billion), a 1.3 per cent increase from the previous month, according to the central bank.
Banks face challenges in improving credit quality

Banks face challenges in improving credit quality

Among banks that have already published Q3 2022 financial statements, only a few recorded declines in the bad debt ratio compared to the beginning of the year.
Its time to promote the development of REITs: association

It’s time to promote the development of REITs: association

Viet Nam needs to improve the legal framework to promote the development of real estate investment trusts (REITs) to add capital to the property market while bank credit and corporate bond issuance were being tightened.
Securities firms diversify capital sources for expansion

Securities firms diversify capital sources for expansion

Capital mobilisation plans are now the centre of attention at the 2022 General Meeting of Shareholders of securities companies, with diversified fundraising channels.
SBV allows banks to expand credit room

SBV allows banks to expand credit room

The State Bank of Viet Nam (SBV) has just officially approved credit room extension for some banks.
Private banks hold the upper hand thanks to its readiness to invest into risky segment

Private banks hold the upper hand thanks to its readiness to invest into risky segment

The five banks with the highest return on asset and the return on equity in 2020 were all private ones.
SBV targets 12 per cent bank credit growth this year

SBV targets 12 per cent bank credit growth this year

The State Bank of Viet Nam has set a banking credit growth target of 12 per cent for this year, marginally lower than the rate achieved last year.
HCM City bank credit grows at3.68 per cent amid Covid woes

HCM City bank credit grows at3.68 per cent amid Covid woes

Total outstanding loans of credit institutions in HCM City as of August 31 were worth VND2.38 quadrillion (US$102.5 billion), an estimated 3.68 per cent up for the year.
Bank lending expected to get out off coronavirus doldrums soon

Bank lending expected to get out off coronavirus doldrums soon

Experts have forecast bank credit growth in the second quarter to reach 3.5-4 per cent, much higher than the rate in the first quarter.
Credit declines in first half of April due to COVID-19 pandemic

Credit declines in first half of April due to COVID-19 pandemic

Low demand for capital due to COVID-19 has caused bank credit in the first half of April to 0.5 per cent compared with the end of March, according to the State Bank of Viet Nam (SBV).
Banks forecast strong earnings despite credit slowdown

Banks forecast strong earnings despite credit slowdown

Most domestic credit institutions and foreign banks’ branches in Viet Nam expect better business performance in 2019 despite the predicted credit slowdown.