Banking & Finance
Banks with high lending rates to be inspected
Average interest rates have declined but some banks still have unusually high loan rates.
Banking & Finance
Banks allowed to restructure repayment terms
Policy helps businesses tackle difficulties in production and trade.
Banking & Finance
Banks allowed to redeem corporate bonds
New regulation effective from April 24 to December 31, 2023.
Banks with high lending rates to be inspected
Average interest rates have declined but some banks still have unusually high loan rates.
Deputy PM: Health of insurance market needs attention
Some banking employees found to have forced customers to buy insurance to obtain bank loans.
Bancassurance market heating up
Over 1 million life insurance policies were issued via the bancassurance channel last year.
Banks allowed to restructure repayment terms
Policy helps businesses tackle difficulties in production and trade.
Banks allowed to redeem corporate bonds
New regulation effective from April 24 to December 31, 2023.
Overseas remittances to HCMC up 19.4% in Q1
City received $2.2bln in overseas remittances in the first quarter.