VCSC Daily - SBV sparks rally with Decision 2506 to support businesses under financial stress

Market Commentary

25 Apr 2012

Decision 2506 sparks rally – The markets soared on the SBV’s latest moves to help out businesses in need of capital or straddled with debt. The central bank promulgated Document No. 2506/NHNN-CSTT with specific measures to extend loan repayment schedules, re-classify special mention loans that have been extended, revise down lending rates to key industries such as agriculture, importexport, support industries, SMEs and labour-intensive industries.
Tags: SBV

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