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lending bank

Small consumer loan threshold proposed to increase to VNĐ400 million

Small consumer loan threshold proposed to increase to VNĐ400 million

A draft circular proposes increasing the threshold to VNĐ400 million for loans issued by credit institutions and VNĐ200 million for those provided by people’s credit funds.
State Bank draft overhauls lending

State Bank draft overhauls lending

The State Bank of Viet Nam has released a draft circular regulating consumer credit activities of financial companies to better manage lending as well as benefit domestic consumers.
Central bank sets new rules for foreign currency lending

Central bank sets new rules for foreign currency lending

The Governor of the State Bank of Viet Nam (SBV) issued Circular No 29/2013/TT-NHNN on lending in foreign currency by credit institutions and foreign bank branches to resident borrowers on 6 December 2013.
Quality focus lowers 2013 lending: SBV

Quality focus lowers 2013 lending: SBV

Lending this year rose only 8.8 per cent against the end of 2012, and lower than the 12 per cent growth target set by the State Bank of Viet Nam.
Banks decrease rates to revive business growth

Banks decrease rates to revive business growth

Banks should increase lending based on firms'' projected future revenues, analysts have said.