Four local banks told to report on their loans
The State Bank of Viet Nam has issued an official dispatch
5851/NHNN-TD requiring four banks to report their loans on
infrastructure development projects.
The State Bank of Viet Nam has issued an official dispatch
5851/NHNN-TD requiring four banks to report their loans on
infrastructure development projects.
The banks are the Bank for Foreign Trade of Viet Nam (Vietcombank), the Bank for Industry and Trade of Viet Nam (Vietinbank), the Bank for Agriculture and Rural Development of Viet Nam (Agribank), the Bank for Investment and Development of Viet Nam (BIDV).
The central bank has asked the four banks to report the situation of lending for infrastructure projects in the fields of electricity, industrial zones, economic zones, transport, water and others, based on indicators of bad debts and outstanding loans.
The State Bank also requires commercial banks to assess the effectiveness and financial risk in providing loans to infrastructure projects and propose recommendations to the SBV and the Government./.
The banks are the Bank for Foreign Trade of Viet Nam (Vietcombank), the Bank for Industry and Trade of Viet Nam (Vietinbank), the Bank for Agriculture and Rural Development of Viet Nam (Agribank), the Bank for Investment and Development of Viet Nam (BIDV).
The central bank has asked the four banks to report the situation of lending for infrastructure projects in the fields of electricity, industrial zones, economic zones, transport, water and others, based on indicators of bad debts and outstanding loans.
The State Bank also requires commercial banks to assess the effectiveness and financial risk in providing loans to infrastructure projects and propose recommendations to the SBV and the Government./.
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