Update news Agribank

State probe uncovers misuse of funds

 VietNamNet Bridge – The Government Inspectorate has announced that it had found misuse of public funds totalling VND354 billion (US$16.8 million) in four public projects.

VAMC signs the first bad debt purchasing contract

 VietNamNet Bridge – The contract worth over VND1.7 trillion will be signed between the state-run Vietnam Assets Management Company (VAMC) with Agribank today, October 1.

VND9 trillion of soft loans for realty companies

VietNamNet Bridge – The State Bank of Vietnam has issued a circular on providing low-interest loans to support the housing segment in line with Resolution 02/NQ-CP, under which as much as 30% or VND9 trillion of a credit line