Vietnam > Finance

Bank credit growth recovers partly in March

04/08/2020 08:39

Despite being slow, credit growth of the banking system in March recovered compared with the first two months of this year.

Headlines

Vietnam > Finance

Banks ramp up support for customers in COVID-19 time

04/08/2020 08:50

Amidst the unpredictable developments of the COVID-19 epidemic, many banks have slashed lending rates by up to 2 per cent per year to help customers mitigate the implications on their lives and business.

Vietnam > Finance

98% enterprises in Vietnam to benefit from fiscal stimulus package

04/08/2020 08:49

The package, which is specified in a draft decree, is set to become effective immediately upon the approval of Prime Minister Nguyen Xuan Phuc.

Vietnam > Finance

Bank credit growth recovers partly in March

04/08/2020 08:39

Despite being slow, credit growth of the banking system in March recovered compared with the first two months of this year.

Vietnam > Finance

Moody's places five Vietnamese financial institutions on review for downgrade

04/08/2020 08:31

An upgrade is unlikely, given the review for downgrade.

Vietnam > Finance

Standard Chartered Bank Vietnam rolls out COVID-19 relief measures for clients

04/08/2020 08:27

Standard Chartered Bank Vietnam has introduced a series of relief measures to support its corporate banking and retail banking clients to alleviate their financial burdens amidst the COVID-19 outbreak.

Vietnam > Finance

Lenders shore up business activities

04/07/2020 10:16

Central banks have taken up new relief plans to mitigate a sharp contraction sparked by the coronavirus outbreak across the globe, including cutting costs, slashing rates, and delaying dividend payouts.

Vietnam > Finance

VPBank offers lending rate cuts to firms and customers

04/07/2020 10:01

VPBank has announced a further lending cut of 2 per cent for small- and-medium sized enterprises (SMEs), the second time it has slashed rates to support customers since the COVID-19 outbreak.

Vietnam > Finance

COVID-19 affected firms gain access to $695 million low interest loans

04/07/2020 09:59

Enterprises affected by the COVID-19 pandemic could have access to a VND16.2 trillion (US$695.28 million) interest free loan package for a maximum duration of 12 months to pay their employees.

Cambodia > Finance

Campu Bank gives loan relief for clients

04/07/2020 06:41

Cambodian Public Bank Plc (Campu Bank), a subsidiary of Malaysia’s Public Bank Bhd, on Monday, became the first bank to announce a loan moratorium for its customers.

Vietnam > Finance

Banks cut deposit rates as credit demand dwindles

04/06/2020 16:59

Vietnamese banks are cutting their deposit interest rates as business gets sluggish during the Covid-19 crisis.

 

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