25 banks have been granted 'loosening' of real estate credit.

The State Bank of Vietnam has recently sent a document to 25 commercial banks regarding credit growth, specifically credit for real estate, with a focus on easing lending for social housing and industrial parks/export processing zones.

To facilitate credit institutions in granting credit to certain types of real estate in accordance with the policies and guidelines of competent authorities on real estate market development and socio -economic development, the State Bank of Vietnam (SBV) has just issued a new notice for credit institutions to implement regarding real estate credit.

Lending for social housing and industrial/export processing zones without controlling real estate credit growth.

PHOTO: NGOC THANG

Specifically, from January 1, 2026 to December 31, 2026, credit institutions are not required to include the additional outstanding credit balance compared to the end of 2025 for social housing and industrial parks/export processing zones in the outstanding credit balance for the real estate sector when controlling real estate credit growth as stipulated in point 4 of Circular No. 11686 dated December 31, 2025. Credit institutions will continue to seriously and effectively implement the directives of the State Bank of Vietnam in Circular No. 11686. The list of 25 commercial banks includes Vietinbank, Agribank, BIDV, MSB, Sacombank, Eximbank, Nam A Bank,ACB , Saigonbank, Techcombank, etc.

The regulator requires credit institutions to control the growth rate of credit to the real estate sector compared to the end of 2025 so that it does not exceed the overall credit growth rate compared to the end of 2025 of the credit institution itself.

According to data from the State Bank of Vietnam, as of the end of March, outstanding credit to the economy was VND 19,186 trillion, an increase of 3.18%. Of this, outstanding loans in the industrial and construction sectors grew by 4.69% compared to the end of 2025, reaching VND 4,577 trillion; loans for trade, transportation, and telecommunications increased by 1.16%, reaching VND 4,940 trillion; and loans for other service activities reached VND 8,509 trillion, an increase of 3.54%. As of mid-March, total outstanding loans for social housing reached approximately VND 41,000 billion, of which the Social Policy Bank accounted for over VND 25,000 billion and commercial banks over VND 16,000 billion…

Source: https://thanhnien.vn/25-ngan-hang-duoc-noi-tin-dung-bat-dong-san-185260530145345905.htm