To ensure the target of both disease prevention and control and production to gradually recover the growth rate per Government’s direction, the branches of commercial banks have recently offered preferential loans to 7,700 customers with lower interest than normal one (from0.5 to 2 percent per year) for loan balance of nearly 52 trillion VND as well as structured the payment time for 2,383 customers.

Staff at Bac Giang branch of the Joint Stock Commercial Bank for Investment and Development of Vietnam instruct customers to complete the procedure to make preferential loan.

The banks with high loans for customers affected by pandemic include Agribank Bac Giang 2 branch, Agribank Bac Giang province branch, Vietcombak Bac Giang branch, Vietinbank Bac Giang...

Apart from commercial banks, since July 2021, the Social Policy Bank Bac Giang branch has disbursed nearly 93 billion VND to 54 employers who are businesses to make a preferential loan with zero interest in line with Government’s Resolution No.68 on July 1, 2021 to regulate about implementation of some policies to support employers and employees getting difficulties by Covid-19 pandemic.

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Vietnam’s economy is expected to grow by between 6-6.5 percent over the next decade, and at this pace, it will surpass Singapore by 2030, DBS Bank experts have said.

World Bank to lend Vietnam $321 mln for development programs

The World Bank has approved loans worth $321.5 million to Vietnam for two programs to support economic recovery and improve urban governance.

Bank deposit interest rates could rise: brokerage

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Bac Giang commercial banks’ total mobilized capital up over 2.3 trillion VND

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Banking industry set for bumper profits

State-owned banks' profits will grow by around 80 percent in the first quarter and private lenders’ by around 50 percent, brokerage SSI Securities Corporation has forecast.