Nguyen Quoc Hung, director of the State Bank of Viet Nam’s credit department, recently told the media that banks have plentiful liquidity and are ready to lend to risky areas including the property sector.
As of the end of last year outstanding loans in agricultural and rural areas around the country increased by 21.4 per cent from a year earlier, Nguyen Quoc Hung, director of the State Bank of Vietnam’s credit department, said.
The ratio of non-performing loans in the real estate sector has ped significantly since 2013, according to the State Bank of Viet Nam’s Credit Department of Economic Sectors.
