Expanded credit growth quota supports firms in recovery
The State Bank of Vietnam (SBV)’s expansion of credit growth quotas for commercial banks has created favourable conditions for lenders to boost lending, contributing to...
The State Bank of Vietnam (SBV)’s expansion of credit growth quotas for commercial banks has created favourable conditions for lenders to boost lending, contributing to...
2022F system credit would be driven by a strong rebound in manufacturing and trading activities; low lending rates; higher public investment disbursement…
Many banks have increased their interest rates to attract more depositors after getting a credit growth quota expansion from the State Bank of Vietnam (SBV).
The State Bank of Vietnam (SBV) has extended the credit growth limit s for the third time this year to some commercial banks to meet rising capital demands at...
The lending rates couldn’t decrease significantly as banks must maintain high net interest income in correspondence with the current high net interest margin, said KB...
Profits of the banking industry in the third quarter of 2021 would decrease by 19 percent compared to the previous quarter due to slowing credit growth and increasing...
Despite social distancing, credit in the two largest localities in the country, Hanoi and HCM City, still grew strongly in the first eight months, showing positive signs...
The profit forecast of the Vietnam banking system in 2H could not be as high as in 1H, said SBS.
The credit growth was resilient in June as well as the first half despite the outbreak of the COVID-19. However, VDSC said, this growth would slow down in 3Q2021.
Banks at the end of July reported significant increases in first-half profits on strong credit growth despite pressures from the pandemic
Banks will continue to tighten lending in risky sectors including securities, real estate, financial, and tourism business, seeing higher credit risks in the remaining...
Vietnam's credit growth in the first six months of the year hit 5.1 percent.
In the last three years, the State Bank of Vietnam (SBV) usually assigns credit targets twice a year to banks. Currently, banks are continuing to wait for the second...
The State Bank of Vietnam (SBV) recommends credit institutions to tighten control over the flow of credit for some risky sectors, including real estate, securities, and...
The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering...