credit policy

Borrowing to buy social housing, people under 35 years old enjoy an interest rate of 6.5% for the first 5 years

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The State Bank stipulates that the interest rate for social housing loans for people under 35 years old is 6.5%/year for the first 5 years.

Handling deposits exceeding the insurance payment limit

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The Deposit Insurance Law stipulates that deposits exceeding the insurance limit will be resolved during the liquidation of assets of insurance participating organizations according to regulations.

Economy 24h: Credit activities at 3 branches of a bank reveal many violations

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Three KienlongBank branches inspected for credit granting activities; Transfer to the police to investigate the case of suspected fake engine additives in Hanoi;...

Outstanding real estate credit of more than VND4 million billion, up about 19%

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The representative of the SBV said that the outstanding real estate credit balance as of the end of August reached about VND4 million billion, an increase of nearly 19% over the same period last year.

Outstanding credit reached VND 17.71 trillion, inflation is still under control

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Credit in the whole economy increased by more than 13% over the same period, while lending interest rates continued to decrease, contributing to supporting businesses and people.

Research on new types of insurance and credit guarantees

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The Prime Minister requested research and supplementation of new insurance products; research and perfect the credit guarantee mechanism.

To attract international credit, Vietnam must upgrade credit rating

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According to experts, to improve competitiveness, Vietnam needs to improve the investment environment, control credit risks, and ensure stability in the capital market.

CIC - Improving the quality of credit information activities

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On February 14, a conference was held to summarize credit information activities in 2024 and deploy tasks in 2025.

State Bank expects credit growth of 16% in 2025

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The State Bank of Vietnam has just announced the principles for assigning credit growth targets for 2025, expected at 16% for the whole system.

Prime Minister asks banks to release money and withdraw money in a rhythmic manner

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The Prime Minister requested that money be released and withdrawn in a rhythmic, synchronous, and reasonable manner, without jerkiness and creating liquidity pressure for the banking system.

Up to now, credit growth of the whole economic sector has been 9%

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Credit growth in the entire economic sector was 9%. The State Bank leader said that banks lend out as much as they mobilize.

State Bank issues series of directives to stimulate consumption, support production

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The State Bank of Vietnam (SBV) requires serious implementation of the task of stimulating consumption, supporting production, business and developing the domestic market.