Vietnam lenders required to maintain loan standards

Key role: Bank employees (left) deal with customers at a bank branch in Hanoi. The central bank will monitor lenders that have a huge disparity between deposit and lending rates as part of its policy to support firms to access capital. — AFP

HANOI: The central bank is calling on lenders to facilitate access to capital for businesses, while also maintaining lending standards to ensure the safety of credit amid low demand.

Speaking at a meeting last Friday in Hanoi, Dao Minh Tu, deputy governor of the State Bank of Vietnam (SBV), said the central bank will monitor banks that have a huge disparity between deposit and lending rates as part of its policy to support firms to access capital.