low credit growth

Update news low credit growth

Banks push bancassurance amid low credit growth

Banks are pushing the sale of life insurance products (bancassurance) in the context of low credit growth since the beginning of this year due to the impacts of the COVID-19 pandemic.

Lack of borrowers hurts banking sector

 VietNamNet Bridge – The banking system is plagued by low credit growth, huge liquidity but firms unable to borrow, and difficulty in selling mortgaged assets to liquidate bad loans,