Banks repurchase significant amount of bonds before maturity
MarketCommercial banks have spent trillions of Vietnam dong to buy back bonds before maturity in the last months of this year.
Banks auction mortgaged assets to recover bad debt
MarketCommercial banks are attempting to sell off a host of mortgaged assets, including real estate and cars, to speed up the settlement of huge bad debt.
Property firms outpace banks in bond issuance
InvestmentReal estate enterprises outpaced banks to issue the largest volume of corporate bonds last month, according to a newly released report by SSI Securities Corporation.
Banks boost sales of mortgaged assets to resolve bad debts
MarketMany banks are auctioning mortgaged assets, mainly real estate, worth trillions of VND to speed up the resolution of non-performing loans.
Banks told about risks of property corporate bonds issuance
InvestmentThe State Bank of Vietnam (SBV) has instructed local commercial banks to be vigilant about their corporate bond investments, especially bonds of real estate firms, in order to minimize their risks.
Banks remain interested in housing sector
InvestmentAlthough the State Bank of Vietnam (SBV) has tightened credits to risky sectors including real estate, other banks have plentiful liquidity and are ready to lend the housing sector.
Property companies look beyond banks for funds
InvestmentAmid widespread expectations that the central bank will continue to pursue its tight credit policy, especially to risky areas like real estate, in 2019 property developers are looking at other sources for funds.
