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Home Vietnam economics news

Credit continues to flow into real estate sector

Despite headwinds, banks’ outstanding balances in the real estate sector maintained an upward trend in the first half of this year.

Phương Chu by Phương Chu
August 29, 2024
in Vietnam economics news
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Credit continues to flow into real estate sector
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Hanoi-headquartered lender Techcombank revealed that at the end of June, its outstanding balances for house purchases stood at $7.57 billion, up 6.3 per cent compared to the outset of this year, and showing a 9.1 per cent jump on-year.

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