Bangkok Bank wants higher lending limit in Vietnam World

Bangkok Bank wants higher lending limit in Vietnam

The Vietnamese branch of Bangkok Bank has sought permission from the State Bank of Vietnam to increase lending growth cap after its lending expansion during the first half of 2018 neared the 15-percent annual limit.
Vietnam among world’s top recipients of ODA, soft loans Business

Vietnam among world’s top recipients of ODA, soft loans

Vietnam has received 80 billion USD in official development assistance (ODA) and preferential loans since 1993, becoming one of the largest ODA recipients in the world, said Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh.
IFC, TPBank sign deal on 100 million USD loan Business

IFC, TPBank sign deal on 100 million USD loan

The International Finance Corporation (IFC) and Tien Phong Commercial Joint Stock Bank (TPBank) have inked a deal under which the IFC will provide a syndicated loan of 100 million USD to help TPBank extend long-term funding to mirco-, small- and medium-sized enterprises (MSMEs), and individual borrowers through digital delivery channels.
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.
Kuwait Fund supports poor communes in Ha Giang province Society

Kuwait Fund supports poor communes in Ha Giang province

Vietnam’s Ministry of Finance and the Kuwait Fund have signed a loan agreement worth over 13.3 million USD for a multi-target development project for ethnic minority-inhabited areas in poor communes of Xin Man district, northern mountainous Ha Giang province.
Vietnam attends IFAD Governing Council’s meeting Society

Vietnam attends IFAD Governing Council’s meeting

A Vietnamese delegation led by Deputy Director of Debt Management and External Finance under the Ministry of Finance Hoang Hai attended the 41st Session of the Governing Council of the International Fund for Agricultural Development (IFAD) in Rome, Italy on February 13-14.