Commercial banks in Vietnam must continue to direct credit toward priority areas such as production, business, and government-identified priority areas after receiving a...
Credit growth reached about 13% this year as of December 27, according to the State Bank of Vietnam.
Businesses have for long faced a crunch of capital and difficulty in accessing credit from banks.
Up to now, 12 banks have committed to reducing interest rates from 0.5-3% per year with an amount of more than VND 3,300 billion to support businesses and people.
According to banking and finance expert, Dr. Nguyen Tri Hieu, the two top goals for the State Bank (SBV) are inflation control and economic development. Controlling...
A recent report by the National Private Economic Development Research Board under the Government's Advisory Council for Administrative Procedure Reform showed that...
VNDirect Securities Corporation estimates that about 83.5 trillion VND (3.5 billion USD) will be added to the economy after some banks continue to adjust their credit...
Businesses have faced difficulties in access to capital and commercial banks want to be able to lend freely to meet market demand. However, experts said the imposition...
In the money market, the "suffocating" context of the credit growth room, rising interest rates and even stressful times in banking system liquidity are leading to...
The State Bank of Vietnam (SBV)'s decision to raise credit growth targets for banks is expected to create favourable conditions for businesses to lend capital, including...
To effectively deploy the 2%/year interest rate support package to support businesses, the extension of the credit growth limit is necessary and should be done soon so...
Many finance analysts expected deposit rates to rise higher despite the slowdown in credit growth.
Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Việt Nam (SBV) in the next few months.
As the pandemic retreats, Vietnam’s finance and banking sector have been proactively supporting the economy in its bounce back.
According to VNDirect, credit growth in Vietnam’s banking system would continue to accelerate, reaching at least 14% in FY22F.
The State Bank of Vietnam (SBV) has been consistent in its policy to strictly control the credit flows into areas with high risks such as real estate and securities, and...
Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.
Deposit interest rates in Vietnam are under increasing pressure in the last months of the year, but the interest rate compensation package can help reduce the lending...
Many banks have made moves to "tighten" disbursement of real estate loans, and corporate bonds, instead, banks are promoting more profitable "chances" from service...
It is evident that the fixed-income markets have currently experienced significant changes as interest rate conditions tightened faster than expected.
According to the State Bank of Vietnam (SBV), credit outstanding at the end of January 2022 had grown by 2.74% compared to the end of 2021.
The stock market as well as the real estate market faced a worrisome issue in 2021. Credit increased strongly, in which retail credit was preferred by banks because the...
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