Vietnam seeks balanced credit growth to boost economy
Vietnam's economy is facing challenges, including the need to balance credit growth, promote exports, and effectively manage the capital market.
Vietnam's economy is facing challenges, including the need to balance credit growth, promote exports, and effectively manage the capital market.
After a quiet July, credit in August 2024 showed signs of recovery. The State Bank of Vietnam (SBV) has recently adjusted the credit room to boost lending in the...
Bank credit in August is showing signs of recovery after a decline in July, according to the State Bank of Vietnam (SBV).
The VND/USD exchange rate has cooled, while capital absorption capacity may expand, creating a more favorable environment for monetary policy and credit growth.
The State Bank of Vietnam (SBV) has set a credit growth target of around 15 percent for 2024; however, the growth target is facing challenges, said Vice Chairman...
It is estimated that by the end of June 2024, the economy's credit growth will reach nearly 4.5%. This number is still far from the yearly credit growth target of...
FIDT's Head of Research & Investment, Mr. Đoàn Minh Tuấn, predicts that as credit growth accelerates in the following two quarters, deposit rates may climb further...
As of June 14, credit growth has reached 3.79% compared to the end of last year, marking a bright spot for the banking sector, according to the central bank.
In recent directives, the monetary policy regulatory body continues to urge banks to implement practical and effective solutions to strive for credit growth across the...
Credit within the banking system to the end of May 2024 increased by only 2.41% against the end of 2023, far from the credit growth target, the Government reported.
Many banks promote online lending to save time and costs for both parties and creating conditions to promote credit growth.
According to many experts, the aim of 5-6% credit growth by the end of 2Q24 is challenging because the Vietnam economy's credit demand has not improved much despite...
The State Bank of Vietnam (SBV) this year removed the credit growth quota for foreign banks, but the policy remains for Vietnamese banks, due to concerns about rising...
Lien Viet Post Joint Stock Commercial Bank (LPBank, HoSE: LPB) has fostered credit growth as a driver of its business performance in 2024.
Banks are expecting an improvement in credit growth from the second quarter of 2024, especially now that loan interest rates have decreased, exports gradually recovered,...
Despite enormous efforts by the banking sector to encourage credit growth, corporations continue to face severe barriers to accessing bank loans.
The resurgence of credit suggests that the economy has started to absorb capital. Experts suggest that low interest rates will continue to be effective as the economy...
With excess liquidity, banks all over the nation are trying to address stagnant capital flow and have received a number of positive signs.
Slower than expected credit growth and a large number of non-performing loans have resulted in conservative growth targets among commercial banks for 2024, said industry...
Banks have been assigned an overall credit growth goal for 2024, and they are aggressively addressing the conditions that favor early disbursement. However,...
As interest rates are expected to continue declining, businesses and individuals will have the chance to access capital at affordable costs, supporting the recovery of...
Credit growth will be the main focus for the banking industry in 2024, as it closely relates to economic growth, according to analysts.