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...
26/11/2021
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Credit institutions and foreign bank branches required to report credit programs and products
The State Bank of Vietnam (SBV) issued Document No. 4474/NHNN on July 23 to require credit institutions and foreign bank branches to report their credit programs and products.
26/07/2012
Vietnam c.bank says to stabilize lending rates for at least one year
Governor of the Vietnamese central bank, Nguyen Van Binh, has committed to keep lending rates at 15% a year for at least one year and to do his best to ensure interest rate stability for a couple of years to pull the economy out of the doldrums .
26/07/2012
Credit growth of Hanoi banks in July estimated at 2.65pct month-on-month
Hanoi Statistics Office has recently said that the total deposits of Hanoi-based credit institutions in July are estimated to have reached 843,912 trillion dong, rising 2.49 percent from the previous month and 2.69 percent from December 2011.
26/07/2012
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
