VCN - Credit balance of the whole credit institution system is expected to increase by 4% on average in the first quarter of 2023 and by 13.7% in 2023, adjusted ...

VCN - Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha said to ensure finance for economic development, it is necessary to develop a safe and sustainable ...

VCN - A representative of a fruit import-export business in Ben Tre shared that the loan interest rate has increased by 2 %/year for both VND and foreign currency loans.

VCN - Vietnam's financial market is currently experiencing significant fluctuations. The World Bank has reported that the country's credit-to-GDP ratio has reached a record high of 124% of GDP, leading ...

The State Bank of Vietnam (SBV)’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, ...

VCN - With this "opening" signal, the report of the research team of SSI Securities Joint Stock Company (SSI Research) said that the State Bank (SBV) would soon announce a ...

VCN - Notably, before this increase in deposit interest rates, several commercial banks had sharply increased deposit rates many times in the previous months.

The adjustment of credit growth targets is made on the basis of the request of credit institutions assessing their operational requirements

Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Việt Nam (SBV) in the next few months.

VCN - Mr. Phung Xuan Minh, Chairman of the Board of Directors of Saigon Phat Thinh Ratings Joint Stock Company, spoke to Customs News about issues related to the corporate ...

Property credit increased by 12.31%t in the first five months, a higher growth rate than that of the same period in previous years, the State Bank of Vietnam (SBV) has ...

VCN - Many countries tighten monetary policy to cope with inflation andexpand credit to support the economy during the recovery period. This makes the management of monetary policy, including the ...

Banks are forecast to have a credit expansion at the end of the third quarter of 2022, according to Saigon Securities Incorporation.

VCN - The settlement of disputes related to security assets of bad debts at banks is still limited, not accepted or resolved according to simplified procedures, affecting the rights and ...

VCN - Long emphasized that electronic identification was not the eKYC that credit institutions were implementing. eKYC is only an indirect electronic method of customer verification.