Businesses seek interest rate cuts, banks worry about declining profits
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Hotels up for sale as tourism market struggles due to pandemic
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Businesses ask banks to ease interest rates as promised Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
15/07/2021 06:00 GMT+7
Bank loan interest rates are becoming a heavy burden on businesses, which have been hit hard by Covid-19 for more than a year.
State Bank of Vietnam Deputy Governor Dao Minh Tu at a recent conference asked four state-owned banks and 12 joint stock banks to continue easing lending interest rates for existing loans in July.
The Vietnam Young Entrepreneurs’ Association has asked the Prime Minister for help, saying that the pandemic has seriously affected their production and business activities.