credit growth rate

Latest News about credit growth rate

Why it’s tough for lending rates to go lowericon
BUSINESS20/12/20200

Why it’s tough for lending rates to go lower

This year, commercial banks have so far revised down many times their deposit and lending rates. However, lending rates are thought to be high. Why are these rates difficult to be further slashed?

 
Local banks warn they may become ‘hostage’ of businessesicon

Local banks warn they may become ‘hostage’ of businesses

BUSINESS
08/07/2020

If large businesses cannot pay their debts, they may put pressure on banks to lower requirements for loans.

Bad debts return, bank profits fallicon

Bad debts return, bank profits fall

BUSINESS
02/07/2020

Along with implementing better provisions against credit risks, commercial banks are stepping up the sale of mortgaged assets to collect debts.

Consumer lending expected to rise in Vietnam after Covid-19icon

Consumer lending expected to rise in Vietnam after Covid-19

BUSINESS
02/07/2020

The number of borrowers is expected to increase, but this also poses higher risks for finance companies.

Old barriers prevent Covid-19-hit businesses from accessing preferential loansicon

Old barriers prevent Covid-19-hit businesses from accessing preferential loans

BUSINESS
01/07/2020

Small enterprises complain they cannot access the preferential lending program, while banks say hundreds of trillions of dong are ready for disbursement.

Credit grows slowly, but banks still make profitsicon

Credit grows slowly, but banks still make profits

BUSINESS
24/06/2020

Though demand for loans was low in the first five months of the year, commercial banks were able to implement 40-50 percent of their business plans.

Vietnamese banking system sees big changesicon

Vietnamese banking system sees big changes

BUSINESS
17/06/2020

Private banks that can satisfy the requirements on capital adequacy ratio (CAR) now have great opportunities to obtain bigger market share.

Vietnamese fear loss of strong local brandsicon

Vietnamese fear loss of strong local brands

BUSINESS
17/06/2020

Businesspeople have called on the government to take measures to control foreign capital and prevent foreign investors from acquiring local strong brands and Vietnamese enterprises in important business fields.

Businesses can't access loans, banks see slow credit growthicon

Businesses can't access loans, banks see slow credit growth

BUSINESS
11/06/2020

Businesses are expecting interest rates to continue to fall, while banks’ credit growth continues to stand still or declines because of low credit demand.

Is an interest-rate cut enough to recover VN economy?icon

Is an interest-rate cut enough to recover VN economy?

BUSINESS
02/06/2020

Within two months, the State Bank of Vietnam (SBV) slashed interest rates twice to support the economy.

Will Circular 18, COVID-19 ‘crush’ consumer credit?icon

Will Circular 18, COVID-19 ‘crush’ consumer credit?

BUSINESS
01/05/2020

2020 may become a ‘nightmare’ for many consumer finance companies, which could see their profits drop sharply because of new regulations and the effects of COVID-19.

VN banks’ asset quality worsens because of Covid-19icon

VN banks’ asset quality worsens because of Covid-19

BUSINESS
12/03/2020

Experts have warned that the epidemic would lead to increased risk in asset quality.

VN banks still living on crediticon

VN banks still living on credit

BUSINESS
21/02/2020

Most banks made fat profits in 2019 and some of them had profit of over tens of trillion of dong. But their profits mostly came from lending.

Vietnam may see negative impact from trade war in 2020: economistsicon

Vietnam may see negative impact from trade war in 2020: economists

BUSINESS
09/12/2019

“We think that in 2020-2022, Vietnam may face negative impact from the trade war instead of short-term positive impact, ” said Tran Toan Thang from the Centre for Socio-Economic Information and Forecast (NCIF).

Bad debt settlement in Vietnam process slowing downicon

Bad debt settlement in Vietnam process slowing down

BUSINESS
23/11/2019

Banks’ nine-month financial reports show that bad debts have increased compared with the beginning of the year, though the bad debt ratio has fallen.

Banks tighten credit as real estate developers search for more capitalicon

Banks tighten credit as real estate developers search for more capital

BUSINESS
18/11/2019

Real estate firms are seeking new sources of capital as commercial banks have tightened lending.

Credit growth rises at joint stock banks, falls at state-owned banksicon

Credit growth rises at joint stock banks, falls at state-owned banks

BUSINESS
13/11/2019

The credit growth rates of state-owned banks are decreasing, but rising at joint stock banks.

Funding of BOT projects in Vietnam carries risksicon

Funding of BOT projects in Vietnam carries risks

BUSINESS
08/11/2019

The warning about risks of funding BOT (build-operate-transfer) projects given two years ago is becoming a reality.