Banks expect credit growth to reach 13.7% in 2023
Credit balance of the entire credit institution system is expected to increase by 4% on average in the first quarter of 2023 and by 13.7%
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- Dec 8, 2022
Vietnam’s central bank raises credit growth cap, pumps $8.4billion into economy
SBV has revised up the credit growth target for the domestic banking system by 1.5-2 percentage points from its previous target of 14%
- Dec 7, 2022
Increasing credit growth targets by 1.5-2% for entire system of credit institutions
On December 5, 2022 the State Bank of Vietnam (SBV) decided to adjust the credit growth targets for 2022 with a further increase of 1.5%-2%
- Nov 21, 2022
Increasing credit demand causes difficulties for many businesses
Increased demand for credit, at a time when banks have their credit quota stretched to the limit, is putting pressure on companies
- Nov 14, 2022
Real estate enterprises should actively find alternative funding sources
Real estate enterprises should actively find alternative funding sources such as foreign direct investment (FDI) capital flow
- Nov 13, 2022
Vietnam is not one of the monitored economies for potential monetary manipulation
Vietnam is among five economies removed from the monitoring list for "having met only one out of three criteria for two consecutive reports.
- Nov 10, 2022
SBV has issued a document instructing commercial banks to support fuel traders
SBV stressed the importance of fuel as a key commodity with direct and significant influence on the country's macro-economic stability
- Nov 9, 2022
The lowest number of new accounts opened marked the fifth consecutive month of decline
This was the lowest number of new accounts opened by domestic investors since February 2021 and marked the fifth consecutive decline
- Nov 7, 2022
The liquidity banking system has remained good, the Governor of SBV Nguyen Thi Hong said
The liquidity of the whole banking system has remained good, Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng said on Sunday
- Oct 26, 2022
Vietnam's stock market was the biggest decliner in Southeast Asia and will downtrend: expert
Việt Nam's stock market was the biggest decliner in Southeast Asia so far this year, but experts believe that the market will downtrend
- Oct 26, 2022
Vietnam's largest refinery run at full capacity to ensure stable supplies of petroleum products
Vietnam's largest refinery will run operations at full capacity in the fourth quarter to ensure stable supplies of petroleum products
- Oct 20, 2022
Vietnam’s economy registered strong growth in the third quarter of this year getting 13.7%
Vietnam’s economy registered strong growth in the third quarter of this year, largely reflecting the low base effects, according to the WB