Vietnam’s central bank to take strong action against “backyard” lending

Vietnam’s central bank to take strong action against “backyard” lending

The State Bank of Vietnam (SBV) plans to strongly reduce the maximum loan-to-equity ratio for a single customer or group of customers related to banks, as well as the maximum ownership ratio of individuals and related persons at banks.

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