Vietnam in need of tightening credit in property loans Deputy Prime Minister
PolicyThe real estate sector remains highly risky, so the Government has required the State Bank of Vietnam to report quarterly in case of property developers with outstanding loans of over VND5 trillion (US$215.22 million).
Central bank raises risk coefficient on property loans
InvestmentBanks have been told to pay more attention to property lending, following the policy of the State Bank of Vietnam (SBV) to revise upward the credit risk coefficient applied to loans for buying houses worth over VND3 billion.
SBV orders tight control over property loans
PolicyHCMC – The State Bank of Vietnam (SBV) has asked the relevant agencies and banks to ensure strict control over real estate credit, especially in localities known to show signs of land fever, the local media reported.
