Social housing loans not included in credit growth

(PLVN) - The State Bank has just sent a document to a number of commercial banks regarding outstanding loans for the social housing loan program, worker housing, renovation and reconstruction of old apartments according to Resolution 33/NQ-CP.

(PLVN) - From January 1, 2025, bank accounts that have not been reconciled or updated with biometrics will have their online transactions stopped. This is the reason why banks are simultaneously implementing programs to encourage customers to update their biometrics.

(PLVN) - The State Bank of Vietnam (SBV) has just issued Circular No. 53/2024/TT-NHNN regulating the restructuring of debt repayment terms by credit institutions and foreign bank branches for customers facing difficulties due to the impact and damage of storm No. 3, floods, landslides after storm No. 3.

(PLVN) - Orient Commercial Bank (OCB) recently announced the decision to appoint the position of Chief Accountant.

(PLVN) - With the synchronous implementation of both Basel III & ESG projects, KienlongBank is demonstrating its great efforts and determination in improving risk management capacity and resilience to unpredictable fluctuations, while promoting the Bank's sustainable development, meeting environmental, social and governance standards according to international and Vietnamese practices.

(PLVN) - The Memorandum of Understanding between MSB and Ngan Luong demonstrates a strong commitment to promoting cashless payments in Vietnam.

(PLVN) - On November 20, a delegation of senior leaders of the Central Bank of Cuba led by Ms. Juanna Lilia Delgado Portal - Minister and President of the Central Bank of Cuba visited and worked at the Vietnam Bank for Social Policies (VBSP). Accompanying the delegation were representatives of a number of ministries, branches, Presidents of a number of banks in Cuba; representatives of the Cuban Embassy in Vietnam and representatives of the State Bank of Vietnam.

(PLVN) - The State Bank of Vietnam has just issued a document requesting credit institutions to deploy safe and effective credit growth solutions, promptly meeting the credit capital needs of the economy, especially the credit capital needs for production, business and consumption during the 2025 Lunar New Year; Directing credit to production and business sectors, priority sectors

(PLVN) - The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has just successfully issued VND2,000 billion worth of green bonds to lend to projects in the field of environmental protection and projects that bring environmental benefits. This shows that the demand for green bonds is very large and is a positive signal about the potential in mobilizing capital flows from the private sector for the transition towards net zero emissions in Vietnam.

(PLVN) - On behalf of the Central Party Secretariat, on October 30, 2024, Standing member of the Secretariat Tran Cam Tu signed and issued Directive No. 39-CT/TW on improving the effectiveness of social policy credit in the new period.

(PLVN) - Along with the development of the financial system in the context of increasingly deep international integration, the expansion of the scope and subjects of deposit insurance (DI) participating in handling weak credit institutions (CIs) according to the Law on CIs 2024, has set new requirements in improving the financial capacity of DIV to participate more effectively in the restructuring process of CIs.

(PLVN) - According to the survey results of the Forecasting and Statistics Department (State Bank), for the whole year of 2024, credit institutions forecast that the mobilization interest rate level will increase slightly (0.1 percentage points) and the lending interest rate level will decrease slightly (0.09 percentage points) compared to the end of 2023.

(PLVN) - Agribank is ready to provide credit capital and financial services to successfully implement the Project to develop 1 million hectares of high-quality, low-emission rice in the Mekong Delta by 2030 according to the policy of the Government and the State Bank.

(PLVN) - Deposit insurance (DI) is a commitment of the Government to protect the rights of depositors, contributing to ensuring the safety of banking operations. As the agency responsible for implementing the DI policy, over the past 25 years, the DIV has continuously improved and built trust to further promote the effectiveness of the DI policy.

(PLVN) - From January 5, 2025, the State Bank of Vietnam will merge the Department of Forecasting, Statistics and the Department of Monetary and Financial Stabilization into the Department of Forecasting, Statistics - Monetary and Financial Stabilization. One additional unit will be the Anti-Money Laundering Department.

(PLVN) - On November 6, in Hanoi, the Vietnam Bank for Social Policies and the Asia Foundation held a ceremony to conclude the Digital Education Program for vulnerable groups in Vietnam. The program is part of the project "Mobile Banking Services - Financial Inclusion and Economic Empowerment for Low-Income People and Women in Vietnam" Phase II.

(PLVN) - Mr. Ho Van Long announced the stock transaction of an insider of Vietnam International Commercial Joint Stock Bank (code VIB-HOSE). The transactions are expected to be carried out from November 7 to December 6, 2024 by order matching and negotiation methods.

(PLVN) - The "National Brand" logo was presented by Prime Minister Pham Minh Chinh to a representative of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) within the framework of the "Vietnam National Brand Product Announcement Ceremony" held on November 4, 2024 in Hanoi.

(PLVN) - TPBank being honored as a Vietnamese National Brand for two consecutive years is a clear demonstration of TPBank's correct orientation in developing banking and financial products and services, not only bringing customers countless banking utilities in the digital age but also becoming one of the businesses that contribute greatly to the economy.

(PLVN) - On November 4, in Hanoi, the Military Commercial Joint Stock Bank (MB) solemnly held the 30th anniversary celebration (November 4, 1994 - November 4, 2024) and received the First Class Fatherland Protection Medal awarded by the Party and State.

(PLVN) - Compound interest is a powerful financial tool but needs to be understood to be applied properly. Knowing how to take advantage of it will help investors achieve great profits over time.

Source: https://baophapluat.vn/cho-vay-nha-o-xa-hoi-khong-tinh-vao-tang-truong-tin-dung-post536879.html