Training in lending against movables

tohang

Lending based on movables as mortgage is the theme of a two-day training symposium that began in HCM City on Thursday.

Photo landtoday

HCM CITY (Biz Hub) — Lending based on movables as mortgage is the theme of a two-day training symposium that began in HCM City on Thursday.

Dr Tran Thi Hong Hanh, secretary general of the Vietnam Banks Association, said there is a need to understand movables-based lending since the real estate market remains in a slump.

Experts spoke about issues like accounts receivables and inventory financing, the role of collateral management companies, and movables-based lending as well as the experiences of banks in the US and Viet Nam.

The association is organising the event in co-ordination with the International Finance Corporation, a World Bank associate. — VNS

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