Vietnam credit growth hits 10.14% as of December 21
The banking system has been providing support for 590,000 customers, mainly in forms of debt restructuring or freezing and waiving debt payment with outstanding loans worth over VND1,000 trillion (US$43.31 billion).
11:53, 2020/12/22
Bad debt ratio in Hanoi banking sector stays at 1.91%
Total capital mobilized by credit institutions in Hanoi this year is estimated to increase by 12.91% year-on-year and total outstanding loans at 9.58%.
15:22, 2020/11/24
Vietnam c.bank set for 5th policy rate cut to realize GDP growth target
As of November 17, the country’s credit growth was estimated at 7.26% against the end of 2019, resulting in VND8,790 trillion (US$377.7 billion) in outstanding loans.
14:21, 2020/03/16
Vietnam banks restructure debt maturities worth over US$930 million for customers
Local lenders are considering waiving interest rates of outstanding loans worth VND185 trillion (US$7.94 billion) for 34,350 customers.
16:44, 2020/03/04
Vietnam banking system eases pressure on US$10 billion loans for clients
The current Covid-19 epidemic has led to delay in debt payment and higher rates of bad and overdue debts , according to a senior official of the State Bank of Vietnam.
14:43, 2019/12/24
State firms make up 5% of total corporate loans in Vietnam
A major proportion of bank loans are provided for the business community, particularly the private sector and individuals.