Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end...
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end...
Banks are actively channeling credit towards the manufacturing and business sectors, always standing by to offer loans to enterprises. However, this endeavor requires...
In the context of negative credit growth during the first two months of 2024, savings interest rates on the market continue to plummet. Many banks are injecting cheap...
Proposals regarding social housing loan packages continue to be suggested, with many opinions advocating for a fixed interest rate of 4.8% for social housing...
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...
Some people said the more the US dollar is lent internationally, the weaker the US dollar becomes. So, which is correct?
Many real estate enterprises are still in short supply of funding. So, initiatives to unleash funds for the real estate market to boost recovery are critical.
Home loans will be a driver for retail credit growth in the near future as interest rates keep cooling down and the real estate market recovers from the second half of...
The proposal was one of conclusions under the Government’s Resolution 05/NQ-CP that was issued after a recent Government meeting on law making.
According to Mr. Le Hoang Chau, Chairman of HoREA, in order to continue increasing credit supply in the real estate industry, legislative bottlenecks must be removed at...
Following a period of difficulty getting bank credit, real estate firms have lately seen a series of capital assistance packages from banks.
Although interest rates have continued to drop sharply, firms say it is still difficult for them to access loans.
Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HoREA), feels that commercial banks have not adequately examined the project's...
According to the State Bank of Vietnam (SBV), there has been a high growth in real estate business credit beginning of the year until now.
The government considers the property market an important pillar of the economy and measures are underway to address the sector's difficulties in recent years, said...
Traffic BOT bad debts heated up the 6th Session of the National Assembly once again, with the bad debt ratio much higher than expected.
At the end of the third quarter, Vietnamese commercial banks kept their levels of risk provisions at a respectable level despite pressure on the bad debt narrative.
Removing barriers to consumer loans remains one of the most effective methods to combat loan sharks, heard participants at a seminar in Hà Nội on Tuesday.
Compared to the beginning of this year, lending interest rates are currently considered reasonable and are expected to return to low levels, as seen during the COVID-19...
Many firms want to borrow capital but lack the ability to repay their loans. According to Mr. Nguyen Van Than, Delegate of the XIV-XV National Assembly and President of...
Some argue that the State Bank of Vietnam (SBV) could promote foreign currency loans to relieve pressure on VND loans, so helping to lower VND interest rates.
Banks are reducing lending interest rates by 1-3% per year compared to 2022 to stimulate demand for home loans in the wake of the loan decline.