Tags: credit growth

Vietnam targets 18% credit growth for this year

Vietnam targets 18% credit growth for this year

VOV.VN - The State Bank of Vietnam (SBV) has set a credit growth target of 18 % for this year and pledged to continue measures to keep credit growth adequate for economic growth.

Credit growth goal set at 18% for 2017

Credit growth goal set at 18% for 2017

The State Bank of Vietnam has set a credit growth target of 18% for this year and it pledged to continue measures to keep credit growth suitable to the country’s economic development.

Credit growth goal set at 18% for 2017

Credit growth goal set at 18% for 2017

The State Bank of Vietnam (SBV) has set a credit growth target of 18% for this year and it pledged to continue measures to keep credit growth suitable to the country’s economic development.

Some banks cut deposit interest rates

Some banks cut deposit interest rates

Several commercial banks have unexpectedly slightly cut the dong-denominated deposit interest rates in the past week, according to report by the State Bank of Vietnam (SBV).

Lending expands over 14% as of November 22

Lending expands over 14% as of November 22

Lending of the banking sector as of November 22 had expanded by around 14% against December last year, with dong loans rising 15.3% and foreign currency loans increasing 2.8%, State Bank of Vietnam Deputy Governor Dao Minh Tu reported.

Central bank keeps eye on credit growth

Central bank keeps eye on credit growth

The State Bank of Vietnam (SBV) will closely watch credit growth and direct the credit flow into production in the remaining months of this year.

Credit growth surges 5.48% in first five months

Credit growth surges 5.48% in first five months

Credit in the first five months of 2016 grew 5.48% compared to the end of 2015, the highest for the past few years, according to the State Bank of Vietnam’s Credit Department.

Domestic credit growth expected to reach five-year high in 2016

Domestic credit growth expected to reach five-year high in 2016

Financial institutions in Vietnam expect the banking system’s outstanding loans to increase 20.09% in 2016, the highest in the past five year, as a report from the State Bank of Vietnam (SBV)’s Monetary Forecasting and Statistics Department.

Vietnam credit growth rises

Vietnam credit growth rises

Credit growth by February 20 rose 0.39% while capital mobilisation increased 0.34% against December last year, a government report released early this week said.

Domestic lending drops off in January

Domestic lending drops off in January

Lending by January 20, 2016 declined 0.21% against the end of last year, according to a report released by State Bank of Vietnam (SBV) on February 2.

Vietnam sizes up obstacles to surmount in year ahead

Vietnam sizes up obstacles to surmount in year ahead

Although Vietnam embarks upon its socio-economic development for the 2016-2020 period with a string of bright achievements under its belt, enterprises are still somewhat hampered by certain hurdles that must be resolved, says Professor Nguyen Mai, former vice chairman of the Ministry of Planning and Investment.

Banking restructuring scheme fruitful

Banking restructuring scheme fruitful

Vietnam’s banking restructuring scheme, launched by the central bank four years ago, has achieved almost all of its important objectives, a senior official of the State Bank of Vietnam (SBV) said at a recent press conference in Hanoi.