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Tag
bank loans
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Real estate developers criticized for overdependence on bank loans
Property developers fund their projects unsustainably, with more than 80% of their money coming from short-term bank loans and bonds, according to experts.
Certain banks allowing loans above limit
Some banks have allowed loans as much as six times higher than the set limit, according to a report by the State Audit of Vietnam.
Banks not passing on full interest rate cuts to borrowers
Bank borrowers are complaining that they still have to pay high interests despite banks cutting rates, with reductions only being applied to new loans.
May 12, 2023 | 01:52 am PT
Why haven't big banks reduced lending interest yet?
It is the enterprises and the people who support the strong development of large banks, so at this time, it is very necessary for the joint effort and unity of the banks to work for us.
May 3, 2023 | 04:00 pm PT
Let credit flow into investment, exports, consumption: PM
Bank loans need to be accessible by three growth-driving areas of investment, exports, consumption while only suitable property projects can borrow, said Prime Minister Pham Minh Chinh.
December 6, 2022 | 02:22 am PT
Real estate firms issue more high-yield bonds as capital shortage bites
A capital shortage following tightening of bank credit is pushing Vietnamese real estate firms to issue more high-yield bonds.
June 16, 2019 | 02:56 am PT
Vietnam offers low-income workers cheap mortgages
Low-income workers in Vietnam who want to buy a house this year will be given access to bank loans with an annual interest rate of just 4.8 percent.
June 6, 2016 | 11:52 pm PT
