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Thursday, July 25, 2024


Financial Markets

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...

Banks reduce deposit rates

HCMC – Local banks have slashed deposit rates to save operating costs and smooth the path for their plans to lower lending rates to...

Vietnam’s bond market remains smallest in East Asia: ADB

HCMC – Vietnam’s local bond market remained the smallest in emerging East Asia, with bonds outstanding of VND1.24 quadrillion (US$53.6 billion) at the end...

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