BIDV speaks out about real estate lending.

The market is abuzz with news that BIDV is cracking down on real estate lending. Regarding this matter, BIDV has just issued an official statement, affirming its continued commitment to supporting the healthy and sustainable development of the real estate market.

BIDV stated that, in implementing the Government's orientation and the State Bank of Vietnam's direction on providing capital to ensure economic growth targets are met while maintaining macroeconomic stability and the monetary market, BIDV has thoroughly and promptly implemented appropriate and effective credit management solutions.

BIDV implements safe credit growth, fully complying with legal regulations; directing credit flows into production and business sectors, priority sectors, and growth drivers of the economy as directed by the Government and the State Bank of Vietnam, fully meeting the capital needs of businesses and people in production, business and daily life.

With a sustainable development orientation, BIDV will continue to play the leading and key role in providing capital to the economy. This includes continuing to support the healthy and sustainable development of the real estate market; actively cooperating and partnering with businesses to develop suitable, effective, and feasible real estate investment projects and segments that meet the needs of people and businesses, contributing to promoting economic growth.

Previously, the market was abuzz with information that BIDV was restricting real estate lending. Accordingly, on February 11th, BIDV issued a document requesting its branches to temporarily suspend submitting new real estate projects and business plans from corporate clients to the head office until further notice or a new document replaces it.

This move is in line with the State Bank of Vietnam's directive to control the growth rate of credit to the real estate sector in 2026 so that it does not exceed the overall credit growth rate.

Previously, all four state-owned commercial banks (the big 4) announced a sharp increase in mortgage interest rates to levels comparable to private commercial banks (up to nearly 14% per year).

Although the State Bank of Vietnam is directing a slowdown in real estate lending and channeling capital into priority sectors, SHS analysts believe that in reality, real estate lending is unlikely to experience a sharp and sustained decrease because the majority of collateral (for personal and business loans) is real estate; tightening real estate lending could easily lead to tightening lending across the entire system. This sector also contributes significantly to the net interest margin (NIM) of many banks. A scenario of a deep decline in real estate lending would only occur if the economy were forced to "put on the brakes" due to systemic risks.

Meanwhile, a recent report by MBS Securities Company further indicates that state-owned commercial banks have already used up their permitted credit limits for the first quarter of 2026.

Source: https://baodautu.vn/bidv-len-tieng-ve-tin-dung-bat-dong-san-d519636.html