Vietnam Reduces Short-Term Capital Ratio for Mid and Long-Term Loans Effective July 1
Vietnam’s State Bank has increased the maximum percentage of short-term capital that banks can allocate to medium- and long-term loans from 30% to 50%, effective July 1, 2024. The policy shift, announced through Circular 06/2024/TT-NHNN, aims to support economic recovery by easing liquidity constraints for lenders while introducing stricter risk management requirements. According to the … Read more