Credit quality of real estate sector continues to be controlled
PolicyMr. Nguyen Hoang Minh, Deputy Director of the State Bank of Vietnam-Ho Chi Minh City Branch (SBV-HCMC Branch), reported that the city’s banking industry’s capital mobilization nearly reached VND2.5 quadrillion last year.
Central bank asks for tightened control over real estate loans
PolicyThe State Bank of Vietnam (SBV) has asked for the control over real estate loans by credit institutions to be enhanced, especially in areas showing signs of land price fever.
