credit
The State Bank of Vietnam is willing to provide liquidity to credit institutions to sustain their payment capability, especially at the end of the year when demand for funds often peaks, its deputy governor Dao Minh Tu has said.
Credit limit raised, but banks may lack money to lend
Loosening monetary policy welcome amid credit crunch
Measures needed to satisfy capital 'thirst'
SBV aiming to harmonise monetary market players
An additional $3.5 billion to be put into the economy
Commercial banks allowed to expand room for credit
The credit growth limit: pending questions
Real estate sector struggles to access bank loans
State Bank of Vietnam unwilling to dismantle credit room
Banks ask for higher credit quota to prepare for peak lending season
Despite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Vietnam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year.
Credit grows modestly at 1.96% in Jan-May
As of May 29, Vietnam’s credit growth was only 1.96% compared with late 2019 under impacts of the Covid-19 pandemic, the Credit Department announced at a press conference held by the State Bank of Vietnam (SBV) Friday.
VN agriculture out in the cold for credit
The State Bank of Vietnam has directed the banking sector to develop a VND250 trillion ($10.87 billion) credit support programme to help companies hit by the COVID-19 pandemic.
State firms make up 5% of total corporate loans in Vietnam
A major proportion of bank loans are provided for the business community, particularly the private sector and individuals.
In Vietnam, many businesses close after several years of development
Businesses complain they find it difficult to access loans, while banks say many businesses don’t have feasible business plans and cannot use capital effectively.