State Bank to regulate foreign unsecured loans

State Bank to regulate foreign unsecured loans

A recent trend of borrowing foreign unsecured loans for businesses and investment activities of securities companies has become quite popular as it allows cheap capital to flow freely. This has also become an important capital source which is contributing to more growth of liquidity in the domestic stock market.
State bank asks to increase credit limits for key petroleum importers

State bank asks to increase credit limits for key petroleum importers

On March 16, the State Bank of Vietnam (SBV) said that the Governor of the State Bank of Vietnam has requested commercial banks to proactively balance capital sources, consider creating conditions for increasing credit limits for key petroleum trading enterprises in the Ministry of Industry and Trade’s list published on the Ministry’s website, especially those assigned to increase petroleum import volume.
Making a transaction in a bank in HCMC. (Photo: SGGP)

Vietnamese banks facing bad debt increases

Despite the negative impacts of the Covid-19 pandemic, the credit of the country economy in 2021 witnessed an increase of 13 percent compared to last year. The bad news is an unavoidable rise of bad debts in many banks.

HCMC not lack capital for production: State Bank

HCMC not lack capital for production: State Bank

The State Bank of Vietnam will reserve enough capital for production in HCMC, said Deputy Director of the State Bank of Vietnam in Ho Chi Minh City Nguyen Hoang Minh at the seminar “ Where small enterprises can find capital?” on July 18.