Trang Chủ
Strengthening the role of deposit insurers in protecting financial consumers
Financial consumer protection is one of the important tools to increase people's access to finance, and at the same time to ensure the legitimate interests of financial consumers as well as...
26/11/2021
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Irrecoverable debts of banks on the rise
The State Bank of Vietnam (SBV) on July 12 said that as of May 31, 2012, bad debts (according to the report of credit institutions) were 117 trillion dong, accounting for 4.47 percent of the total loans.
26/07/2012
Small banks finding hard to reduce lending interest rate on old loans
Commercial banks that have en masse reduced the lending interest rate are mainly lenders in Group 1 and 2, however small banks are finding it hard to carry out this policy.
23/07/2012
Commercial banks still hesitant to reduce interest rates for old debts
No one can say for sure that commercial banks will accept the loan interest rate of 15 percent per annum to be applied for the old debts, even though this is the instruction given by the State Bank of Vietnam (SBV).
23/07/2012
Vietnam's foreign reserves up by $10 bln: PM Dung
Vietnam’s exchange foreign reserves increased by US$10 billion in the first six months from $9 billion at the end of last year, Prime Minister Nguyen Tan Dung said Wednesday.
09/07/2012
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Vietnam’s central bank to take ‘drastic’ measures against bad debts
The government has ordered the central bank to take drastic measures to deal with bad debts and make credit more accessible to businesses in order to boost economic growth.
09/07/2012
Vietnam banks rush to raise chartered capital
Additional capital attraction should be encouraged, yet massive mobilization could very much hurt the banking industry in the current context, say experts.
09/07/2012
Bad debt still under control at 3%, says Vietcombank
The Bank for Foreign Trade of Vietnam (Vietcombank) announced on Tuesday that its bad debt is still under control at 3 per cent.
09/07/2012
Banks ordered to cut interest on old loans
State Bank of Viet Nam Governor Nguyen Van Binh has asked commercial banks to refinance outstanding loans at lower interest rates in a bid to help businesses facing difficulties.
09/07/2012
