Last updated: Thursday, March 11, 2010
VnnNews – The new decision by SBV was thought to help promote lending. The results however, have been minimal.
Commercial banks still “dodging” the laws One week after the SBV decision took effect, borrowers paying bank debts and hoping to get new loans have been asked to sign contracts on medium loans, even though they...
Tags: And Long Term, Billion Dong, Commercial Banks, For Short Term, For Short Term Loans, Interest Rate, Interest Rates, Medium And Long, Medium And Long Term, Short Term, Short Term Loans, Term Loans
Last updated: Thursday, March 11, 2010
VnnNews – Commercial banks are feeling confused by hearing conflicting information from government agencies about removing the interest rate ceiling on short-term loans.
At a press conference on March 3, 2010, Le Duc Thuy, Chair of the National Finance Supervision Council, stated: “The Government is now leaning toward instructing...
Tags: Based Interest, Based Interest Rates, For Short Term, For Short Term Loans, Interest Rate, Interest Rate Ceiling, Interest Rates, Negotiation Based, Negotiation Based Interest, Negotiation Based Interest Rates, Short Term, Short Term Loans, Term Loans, The Interest Rate, The Interest Rate Ceiling
