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Banks propose raising small loan cap to $15,700

Banks propose raising small loan cap to $15,700

Credit institutions have proposed to raise the cap of small loans not requiring feasible capital use plans and related person information from VND100 million to VND400 million ($15,710).

Property developers seek further access to bank loans

Property developers seek further access to bank loans

Property developers are advocating for lower loan interest rates and streamlined administrative procedures to enhance liquidity in the market.

Credit drops in January

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 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

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

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