credit growth

Robust economic pickup to drive stronger credit growth in 2021

17:28 | 23/01/2021 Finance

Real estate sales will be another key driver of credit growth, as apartment supply and sales are likely to pick up in 2021.

Credit growth forecast to reach 13-14% this year: SSI

15:54 | 09/01/2021 Finance

Credit growth in Vietnam may reach 13-14% this year, partly driven by progress with the COVID-19 vaccine, according to a 2021 banking outlook report released by the SSI Securities Corporation on January 6.

Central bank targets credit growth of 12% in 2021

20:22 | 08/01/2021 Finance

The State Bank of Vietnam (SBV) targets a credit growth rate of 12% in 2021, equivalent to the growth of 12.13% last year, according to SBV Deputy Governor Dao Minh Tu.

Credit growth forecast to hit 11% by year-end

20:25 | 25/12/2020 Finance

The banking industry's credit is projected to have expanded 11% for the year by the end of December, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed at a press conference on December 24.

Central bank extends credit growth limits

11:10 | 20/12/2020 Finance

The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 percent.

Banks expect credit growth extension

19:50 | 08/06/2020 Finance

Many commercial banks are proposing the central bank to extend credit growth limits as they have nearly reached the allowed threshold

How is post-Covid-19 credit growth?

17:29 | 17/05/2020 Import-Export

VCN- The outbreak of the Covid-19 pandemic has affected many fields of production and business, and delayed operation of enterprises, which was the main cause of the decline in credit demand.

COVID-19 woes to weigh on credit growth even with lower interest rates

20:28 | 24/04/2020 Finance

Vietnam credit growth is forecast to slow to only 8 percent in 2020 from 13 7 percent last year due to a sharp slowdown in economic activity amid the COVID 19 pandemic

Credit growth low but on the right track

20:10 | 23/01/2020 Import-Export

VCN - In 2019, the State Bank of Vietnam (SBV) stated credit growth had reached 13.5percent,the lowest point since 2014.

Banking expert clarifies reasons behind six-month credit growth

18:13 | 10/07/2019 Finance

The soaring credit growth recorded during the first half of 2019 can be attributed to efforts by local firms to complete periodical business reports and some banks’ application of Basel II standards, a senior banking expert has claimed.

Credit growth limited at 15 percent for best banks in 2019

16:26 | 15/04/2019 Finance

The State Bank of Vietnam (SBV) has assigned a credit growth limit to each commercial bank in 2019, with priority given to those who met Basel II’s capital safety and risk management standards ahead of schedule.

Vietnam’s banking sector clean-up to weigh on credit growth

20:22 | 11/02/2019 Finance

The Vietnamese Government is ramping up efforts to clean up the banking sector, which will likely lead to more sector consolidation over the coming quarters, according to a research unit of Fitch Group.

Banks collect trillion from services

15:06 | 26/01/2019 Finance

VCN – With a high growth rate compared to 2017, the business results in 2018 of many banks showed the increasing contribution from services to the bank’s total revenue.

Credit growth in the next 3 years is forecasted at 14%

09:54 | 02/12/2018 Import-Export

VCN- Specifically, for the credit demand, the economic growth is projected to be slower than GDP in 2019 at 6.4-6.5%. The slow economic growth will go along with the demand for capital loan to expand production and business, which may decrease.

Banks expected to record high profits in first quarter

20:05 | 02/04/2018 Finance

The profits of many domestic banks in the first quarter of this year are estimated to rise higher than that of the same period last year thanks to significant credit growth.