Keyword: "credit policy"

In a bid to increase domestic production and deal with ongoing economic challenges, the Bank of Lao PDR (BOL) has allocated 4.5 trillion LAK (225 million USD) toward a credit policy to support local businesses.

Amid widespread expectations that the central bank will continue to pursue its tight credit policy, especially to risky areas like real estate, in 2019 property developers are looking at other sources for funds.

Credit policy plays the key role in the country’s poverty reduction efforts with its main target being poor households and ethnic minority groups.

A credit policy that allows families who have just escaped from poverty within the last three years to receive preferential loans is proving effective in localities nationwide.

The State Bank of Vietnam (SBV) is drafting a circular guiding credit policy to make it easier for local support industries to access loans and make them more competitive during integration.