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credit growth

SBV raises 2025 credit growth quota to support economic expansion

SBV raises 2025 credit growth quota to support economic expansion

The SBV also stated that it will strive to maintain stable deposit rates and reduce lending rates through cost-cutting, digitalisation, streamlined administrative procedures, and internal restructuring.
Capital poured into agriculture, rural areas

Capital poured into agriculture, rural areas

Credit growth for agriculture and rural development in Việt Nam rose 5.31 per cent in the first half of 2025 compared to the end of 2024, accounting for 23.16 per cent of the country’s total outstanding loans.
Prime Minister requests urgent removal of credit growth cap regulation

Prime Minister requests urgent removal of credit growth cap regulation

Prime Minister Phạm Minh Chính on Thursday requested the SBV to promptly remove the regulation on assigning a credit cap to each commercial bank.
VN increases unsecured loan cap for farmers to 12,000 from July

VN increases unsecured loan cap for farmers to $12,000 from July

Starting from July 1, farmers are allowed to borrow up to VNĐ300 million (US$12,000) without collateral as part of an effort to promote rural development, according to a new Government’s decrease.
High real estate credit growth raises concern

High real estate credit growth raises concern

State Bank of Vietnam (SBV)’s Governor Nguyễn Thị Hồng said real estate loans by the end of September this year were VNĐ3.15 quadrillion, up 9.15 per cent compared to the end of last year.
Abolishing credit rooms under consideration: central bank

Abolishing credit rooms under consideration: central bank

Financial reports showed that as of the end of June, 10 banks posted credit growth rates of below 5 per cent over the end of the previous year.
State bank urges credit growth, consumer lending

State bank urges credit growth, consumer lending

Banks and credit institutions should implement safe and effective credit growth solutions to enable spending and boost consumption.
Central bank confident about credit growth this year

Central bank confident about credit growth this year

The State Bank of Việt Nam is confident about reaching this year''s credit growth target, as lending is expected to accelerate in the remaining months on the recovery of production and business, Deputy Governor of the State Bank of Việt...
Credit growth target is within reach to contribute to boosting economic growth: SBV

Credit growth target is within reach to contribute to boosting economic growth: SBV

Another important factor is to increase the capital absorption capacity of enterprises which will require a combination of macro policies to favourable conditions for businesses, SBV''s Deputy Governor Đào Minh Tú said.
Realty market warms up, boosting bank credit growth

Realty market warms up, boosting bank credit growth

According to statistics from the State Bank of Vietnam (SBV)’s HCM City branch, real estate credit in the city has maintained a positive growth rate in the past three months. Specifically, March saw an increase of 0.96 per cent and...
Low interest rates for home loans to boost credit growth

Low interest rates for home loans to boost credit growth

Preferential and special offer interest rates are expected to boost credit growth.
Credit growth soars in June

Credit growth soars in June

The State Bank of Việt Nam said that credit tends to increase faster in the second half of the year. If the growth rate is maintained, the credit growth target set at 15 per cent for the full year might...
Credit growth is bright spot for banking

Credit growth is bright spot for banking

The State Bank of Việt Nam (SBV) on Wednesday organised a sector-wide online conference on promoting bank credit growth this year.
Credit growth remains far from government target

Credit growth remains far from government target

The Government has set a credit growth target of 5 per cent for the first six months of 2024 and 15 per cent for the whole year.
Credit growth quota policy needs to ensure safety of banking system

Credit growth quota policy needs to ensure safety of banking system

The State Bank of Việt Nam (SBV) this year removed the credit growth quota for foreign banks, but the policy remains for Vietnamese banks, due to concerns about rising bad debts, the security of the banking system and macroeconomic instability.