Banks upbeat about Q3 2022 business results Business

Banks upbeat about Q3 2022 business results

A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Vietnam (SBV)’s latest survey on business trends of credit institutions showed.
HCM City asks to tighten credit in high-end property Business

HCM City asks to tighten credit in high-end property

The Ho Chi Minh City branch of the State Bank of Vietnam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.
Credit growth in Q1 2022 hits high level Business

Credit growth in Q1 2022 hits high level

Credit growth of credit institutions was quite positive at 5.04 percent at the end of the first quarter of this year, much higher than the 2.16 percent rise in the same period last year, the State Bank of Vietnam (SBV)’s Deputy Governor Dao Minh Tu said at the Government’s regular press conference in March.
Vietcombank completes 98 percent of yearly credit plan Business

Vietcombank completes 98 percent of yearly credit plan

By the end of the third quarter, the credit of the Foreign Trade Joint-stock Bank (Vietcombank) was 923,385 billion VND (40.550 million USD), an increase of 11.5 percent over the whole of 2020 and representing 98 percent of this year’s plan, according to the lender.