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Vietnam credit
Property developers hike borrowings by 20% amid real estate recovery
The country’s biggest residential property developers pumped up their debts by 20% last year to fuel their expansion amid a real estate recovery.
Banks propose raising small loan cap to $15,700
Property developers seek further access to bank loans
Credit drops in January
Vietnam’s credit in January fell 0.6% as businesses were reluctant to borrow and there was lower demand for home loans amid an unfavorable property market.
February 20, 2024 | 03:14 pm PT
Bank credit growth could reach 13-14 pct: SSI
Bank credit is estimated to grow at 13-14 percent in 2021 as the economy revives post-Covid-19, according to brokerage SSI Securities Corporation.
January 8, 2021 | 09:00 pm PT
Vietnam unlikely to receive concessional loans from ADB in a few years
The Asian Development Bank (ADB) is considering gradually moving Vietnam to another group of developing countries in its criteria for loans, which means the nation will no longer receive concessional loans from the bank in a few years ahead.
June 17, 2016 | 04:16 am PT
