Allocating credit room, motivation for banks to compete

Allocating credit room, motivation for banks to compete

The State Bank of Vietnam (SBV) has announced that it will allocate the credit growth limit (room) for banks that have achieved 80% of their target.
Banks granted credit room

Banks granted credit room

According to the Vietnam Confederation of Trade and Industry (VCCI), the credit growth limitation is one of the most influential policies in the banking system of Vietnam, but its legal basis is not very thin.
Need to control real estate prices

Need to control real estate prices

Mr. Nguyen Anh Que, an Executive Committee member of the Vietnam Real Estate Association, had an interview with Customs News about the difficulties of the real estate market and whether or not it is necessary to rescue the market.
Banks push "cheap" capital for loans at the end of the year

Banks push "cheap" capital for loans at the end of the year

Up to now, 12 banks have committed to reducing interest rates from 0.5-3% per year with an amount of more than VND 3,300 billion to support businesses and people.
Loosening the credit room will not increase inflation

Loosening the credit room will not increase inflation

VCN - Economic expert Dr Le Xuan Nghia commented that this decision was made from a comprehensive and careful assessment of the benefits to the whole economy. Furthermore, the bank's reopening of the credit room will help businesses have more motivation t
Which solution to open capital flow?

Which solution to open capital flow?

In recent days, the story of extending credit growth limits to "save" liquidity for the economy has been exciting. Naturally, therefore, a flexible operating mechanism is what businesses always want.
Loosening credit room - giving priority to banks with high liquidity and lower interest rates

Loosening credit room - giving priority to banks with high liquidity and lower interest rates

VCN - The global economic impacts on Vietnam's economy have eased and some macroeconomic indicators have seen positive signs, creating favorable conditions for SBV to decide to loosen credit room for commercial banks to support businesses and projects, pr
Credit room has been eased, can enterprises solve the "thirst" for capital?

Credit room has been eased, can enterprises solve the "thirst" for capital?

VCN - In this credit limit adjustment, Sacombank was granted 4%, bringing the total credit growth limit for the whole year to 11%.
Rapidly "inject capital" to support businesses

Rapidly "inject capital" to support businesses

To effectively deploy the 2%/year interest rate support package to support businesses, the extension of the credit growth limit is necessary and should be done soon
Loosening credit room: caution necessary

Loosening credit room: caution necessary

VCN - According to data from the State Bank of Vietnam (SBV), as of May 27, credit is estimated to increase by 7.75%, about two times higher than the same period in 2021.
Should the method of controlling credit room of banks be changed?

Should the method of controlling credit room of banks be changed?

VCN - In 2021, the State Bank of Vietnam extended the credit growth limits for the third time for banks. Therefore, many banks were given permission to increase their credit growth limit to over 20%, such as TPBank, Techcombank, MSB and MB.
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