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.

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 ...

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.

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 ...

VCN - In this credit limit adjustment, Sacombank was granted 4%, bringing the total credit growth limit for the whole year to 11%.

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

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 ...

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 ...