Tag: credit
Credit surges 11.5% by end-October
Credit of the banking system by the end of October this year rose by 11.5% compared to the end of 2021, Bao Viet Securities Company (BVSC) said, citing data from the State Bank of Vietnam (SBV).
SBV Governor stresses prudent governance in terms of real estate credit
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has underscored that credit governance must be prudent to help curb inflation and stabilise the macro-economy when responding to legislators’ concern about credit for real estate.
MoIT works with central bank to support petroleum enterprises
The Ministry of Industry and Trade (MoIT) will coordinate with the State Bank of Vietnam to remove difficulties for petroleum enterprises in accessing credit guarantee funds in a bid to prevent disruption in the domestic market.
Singaporean media gives positive assessment on President Yacob’s Vietnam visit
VOV.VN - Singaporean media outlets have widely covered the State visit to Vietnam of Singapore President Halimah Yacob which is running from October 16 to October 20, with plenty of positive assessments.
Symposium seeks to foster Vietnam-RoK cooperation in digital banking
The Republic of Korea’s digital transformation policy and implications for Vietnam, Vietnam’s digital banking transformation policy, the importance of credit information system in digital transformation and the leap towards digitisation were discussed at a recent symposium in Hanoi.
Credit growth stands at nearly 10.5% as of mid-Sept
As of September 16, credit grew 10.47% against the end of 2021 and 17.19% against the same period last year, according to Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
SBV adjusts credit growth targets for banks
The State Bank of Vietnam (SBV) has announced adjustments to credit growth targets for banks in 2022.
IMF optimistic about Vietnam's economic growth
The first half of this year saw a swift economic rebound as Vietnam’s pandemic restrictions eased following the adoption of a living-with-COVID strategy and a robust vaccination drive, according to an article published on the website of the International Monetary Fund (IMF), imf.org.
Monetary stance points to only mildly higher interest rates in VN: Fitch Ratings
Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.
Agribank hosts Asia-Pacific agricultural credit forum
The Vietnam Bank for Agriculture and Rural Development (Agribank) hosted the Regional Policy Forum of the Asia-Pacific Rural and Agricultural Credit Association (APRACA) on July 20 in Hanoi.
