Credit institutions have proposed to raise the cap of small loans not requiring feasible capital use plans and related person information from 100 million VND to 400...
A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).
The law, which will take effect from July 1 this year, allows financial leasing companies to establish subsidiaries to handle and exploit bad debt assets. It also...
The Law on Credit Institutions (amended) has tightened the maximum ownership ratio and lending ratio to limit the influence of shareholder groups as well as minimize...
A new regulation on reducing the loan limit under the amended Law on Credit Institutions will adversely affect capital supply for enterprises so commercial banks...
The regulation under the amended Law on Credit Institutions was recently passed by the National Assembly and will take effect from July this year.
The settlement of bad debts will face many difficulties this year as there are no legal regulations related to repossessing collateral assets, industry insiders said.
Existing 'loopholes' in the Credit Institutions Law (amended) may make it easier for banks to engage in real estate trade in the same way as professional...
The VNBA made the move last week as, under a draft policy on VAT reduction for the first six months of next year, the credit institutions do not feature in the list of...
The proposed changes in the ownership ratio have raised concerns in the banking system, as they fear they may hamper economic growth.
Credit institutions forecast the demand for banking services will be buoyant in the remaining months of this year, of which credit growth will reach about 4.4% in the...
The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing...
The draft revised Law on Credit Institutions regulates the application of early intervention to credit institutions which fail to maintain the solvency ratio after...
Concerns remain concerning the legitimacy of Resolution 42/2017/QH14 in dealing with problematic debts in the Draft Law on Credit Institutions (amended).
The State Bank of Vietnam (SBV) is collecting comments on its draft circular to deal with risks in the operation of cooperative credit institutions, including...
In the context that new corporate bond issuance activities have been almost frozen, the bond market has witnessed an increase in repurchase activities in October 2022,...
If the taxpayer has not declared and paid enough tax to the customs authority, the credit institution must declare and fully pay tax, before collateral settlement.
A majority of credit institutions are optimistic about their business performance in 2022, according to the latest survey by the State Bank of Vietnam (SBV).
The tightening of corporate bond buying activities by credit institutions with a new legal framework is not only appropriate and urgent for the market but also helps to...
Three credit institutions have committed to sponsoring the national flag carrier Vietnam Airlines to get loans worth 4 trillion VND (173.67 million USD), an official...
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