Commercial banks are expected to lower lending interest rates after getting more support to cut input costs from the State Bank of Việt Nam (SBV)’s agencies this week.
Private organisations will be encouraged to provide credit information services in Việt Nam to improve transparency in the credit information market, under a new draft decree.
Regulations on personal unsecured lending by consumer finance companies will be tightened if a draft circular of the State Bank of Việt Nam (SBV) takes effect.
The Government has issued a new decree to facilitate business conditions for offshore indirect investment, credit information activities and intermediary payment services under the management of the State Bank of Việt Nam (SBV).
Việt Nam has seen a digital wave in the finance-banking industry, with many banks investing significantly into the segment, experts said at a conference on Thursday.