Latest News about bank loans
The warning about risks of funding BOT (build-operate-transfer) projects given two years ago is becoming a reality.
Vietnam’s credit growth is slowing and can fall behind the central bank’s target of 14 percent for 2019, causing concerns that it could make it difficult for businesses to access bank loans during the remaining months of the year.
Commercial banks’ purchase of real estate corporate bonds is considered indirect lending to real estate firms, experts say.
While the EVFTA and CPTPP have paved the way for Vietnamese enterprises to penetrate the world market, high taxes and interest rates have blocked their path.
Real estate firms are rushing to issue corporate bonds, which analysts say shows their thirst for capital. But there are risks.
Bond issuance is becoming an ideal channel for real estate firms to raise capital as credit policies for property development are gradually being tightened, experts said.