The State Bank of Vietnam (SBV) has announced it will adjust the growth targets among credit institutions as a result of uneven credit growth.
One of the amendments and supplements in the project of the Law on Credit Institutions (amended) is reducing the credit limit ratio of a customer and related persons....
Businesses have for long faced a crunch of capital and difficulty in accessing credit from banks.
The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.
The long-term credit push to support the economy has a distorted capital flow.
Many banks have been extended credit by the State Bank of Vietnam for the third time, ever since credit rebound sharply after the economy began to reopen. This move has...
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