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Friday, May 3, 2024

CATEGORY

Financial Markets

Central bank’s VND16 trillion aid receives lackluster response from employers

HCMC – The State Bank of Vietnam (SBV) has deployed a financial package worth VND16 trillion to support enterprises impacted by the coronavirus pandemic,...

Total assets of banks in Vietnam dip slightly

HCMC – As of late March 2020, the total assets of all credit institutions in Vietnam fell slightly by 0.72% compared with the end...

SBV transfers VND16 trillion to offer loans to impacted firms

HCMC – The State Bank of Vietnam (SBV) has transferred VND16 trillion to the Vietnam Bank for Social Policies, so employers can borrow non-collateral...

SBV continues lowering key interest rates

HCMC – The State Bank of Vietnam (SBV) has announced the reduction of a series of key interest rates from May 13, to address...

Banks will not ease lending rules for VND285t stimulus package

HCMC - Banks will simplify lending procedures to help businesses easily access the VND285 trillion stimulus package, but they will not ease lending standards...

Fitch lowers Vietnamese banks’ rating outlooks due to coronavirus

HCMC – Fitch Ratings has recently revised the outlook on long-term issuer default ratings of two State-owned banks, and a wholly foreign-owned bank in...

Three-year zero-interest business loans unfeasible: experts

HCMC - Commercial banks and experts have said the proposal of providing zero-interest loans for three years to State-run businesses is unfeasible. To support businesses...

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