Banks with high property loan ratios to benefit from amended circular

Banks with high property loan ratios to benefit from amended circular

The withdrawal of three provisions from Circular 06/2023 by the State Bank of Vietnam (SBV) is expected to benefit banks with high ratios of outstanding property and construction loans.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central bank halts controversial terms restricting loans

Central bank halts controversial terms restricting loans

The State Bank of Vietnam (SBV) has indefinitely withdrawn three terms from Circular 06/2023 which were deemed controversial because they further restricted access to loans.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7