The State Bank of Vietnam SBV can take early intervention measures against weak credit institutions in the supervision process from July this year according to a new SBV regulation
VCN - On December 19, at the seminar held by International Finance Corporation (IFC) in collaboration with Vietnam National Credit Information Center (CIC) on credit report for consumer finance
The State Bank of Vietnam is planning to rank credit institutions however it said the ranking results will not be publicised due to the delicacy of the issue
VCN- By the end of July 2017, credit will increase by 9.3% compared to the end of 2016 (8.8% in the same period of 2016).
Many commercial banks in Vietnam requested the country central bank to expand their credit growth limit as they have nearly used up their assigned quota for the entire calendar year ...
VCN- The consumer credit market in Vietnam still has many opportunities and potentiality for development.
VCN - With difficult and formidable task, the Ministries, sectors and Government leaders introduced many measures to ensure the growth target.
The total loans of the banking system are expected to grow by 16 33 per cent in 2017 against December last year lower than the Government limit of 18 per ...
VCN- Financial experts affirmed that digital technology was the key to improve the coverage of financial services in Vietnam.
VCN- According to Deputy Governor Nguyen Thi Hong, in the first 6 months of 2017, the monetary and foreign exchange market and the banking system index are basically positive and ...
To the end of April 2017, credit in the economy increased 4.86% over the December 2016, reached to its highest level in 6 years
VCN- According to experts, interest rates are suffering much more pressure than in 2016 and credit growth has been relatively positive in recent years.
VCN- Any field of industry also requires a large amount of capital to meet the production needs. Therefore, many areas have to "ask" for their own credit mechanism and ...
Thanks to the clear improvement of the business environment, credit establishments (Ces) were quite optimistic and confident in new developments in 2017.
VCN- In 2016, the State Bank of Vietnam operated money supply reasonably, stablized interest rates, reduced lending rates.