Monday, June 17, 2019 - 14:39:31

Eximbank

Bad debt handling to be audited

Business

Bad debt handling to be audited

The handling of bad debt among credit institutions would be audited this year in order to formulate recommendations for effectively implementing a National Assembly resolution, according to the State Audit Office of Vietnam (SAV).

Forex lending to continue next year

Business

Forex lending to continue next year

The State Bank of Vietnam (SBV) is drafting a new circular on foreign currency lending, allowing credit institutions and foreign bank branches to extend loans to some borrowers in 2019 instead of cutting them off at the end of this year as planned.

Vietcombank to cut stake in Eximbank

Business

Vietcombank to cut stake in Eximbank

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell 45.6 million shares it is holding in the Vietnam Export-Import Joint Stock Commercial Bank (Eximbank).

Banks tighten lending rules

Business

Banks tighten lending rules

Many commercial banks in the country have increased loan interest rates by 1-2 percent to investors in real estate as property prices continue to rise.