Lending tree mortgage rates

“Right after the State Bank of Vietnam issued Circular No. 01, the banks decided to offer our company a grace and interest rate reductions. In particular, BIDV gave us a 1-percent reduction in the interest rate for our 500 billion VND loans until December 31, 2020. We really feel heart-warming for the support from the banks at the difficult time,” she said. … [Read more...] about Firms benefit from lending interest rate reductions and exemptions

Such a growth rate has brought Vietinbank to the top position in terms of SME market share nationwide. The proportion of SME customers in its asset and income structure also surged. Despite the negative impacts of the COVID-19 pandemic in the first half of this year, outstanding loans in the SME segment still maintained a growth rate of 12.5 percent. … [Read more...] about VietinBank named fastest-growing SME bank in Vietnam

Earlier this month, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) downgraded Thailand’s economic outlook, with only 1.5-3.5 percent growth this year if the government fail to control the new wave of COVID-19 in three months. JSCCIB predicted that the country’s exports will expand by 3-5 percent this year, down from the previous estimate of 4-6 percent expansion, following the new outbreak./. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15