credit growth

Credit growth slowing down, raising fear of business contraction

March 13, 2023 | 14:47

Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad debts.

Lenders search for further credit room

January 12, 2023 | 11:36

As the gap widens among banks in terms of profit growth, on-year credit growth remains an important driver for banks, as it makes the largest contribution to pre-tax profit growth. Thus, banks are looking for an allocation of credit room this year.

Commercial banks asked to lend more for production and business

November 23, 2022 | 21:48

The State Bank of Vietnam (SBV) requires credit institutions with room to actively disburse loans for production and business, especially in priority areas.

Credit growth high amid hikes in LDR

November 22, 2022 | 15:00

Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.

Real estate market would be better if credit growth targets rise: experts

September 16, 2022 | 10:04

The State Bank of Vietnam's decision to raise credit growth targets for banks is expected to create favourable conditions for businesses to lend capital, including real estate firms, according to experts.

Central bank forecast to expand credit growth to 16 per cent

September 03, 2022 | 13:08

The State Bank of Viet Nam (SBV) might have to extend credit growth for the whole year 2022 to 16 per cent and grant more credit quotas to commercial banks in the near future as the pressure to loosen the credit room is strong, analysts forecast.

Credit growth of banking system expands by over 17 per cent

June 18, 2022 | 22:55

Hanoi - Credit of the Vietnamese banking system as of June 9 surged by 17.09 per cent against the same period last year, deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu said.

Vietnam's credit growth expands by over 17 percent

June 15, 2022 | 19:52

Vietnam’s credit growth as of June 9 expanded by 17.09 percent against the same period last year, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on June 15.

Commercial banks tighten real estate lending

April 14, 2022 | 10:07

Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.

Ratings agencies bullish on credit growth prospects

March 30, 2021 | 10:45

Although the State Bank of Vietnam has set stringent limits on credit growth at commercial lenders in a bid to control risky lending activities, commercial lenders are now looking forward to a potential future easing of the credit growth limit.

Central bank to adjust monetary policies to weather pandemic

August 19, 2020 | 09:27

The State Bank of Viet Nam (SBV) announced it could adjust monetary policies, including credit growth and incentives, in the remaining months of the year to cope with the COVID-19 pandemic.

Bad debts tend to rise despite slow credit expansion

August 10, 2020 | 12:56

Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.

Bank lending expected to get out of coronavirus doldrums soon

June 22, 2020 | 15:01

Experts have forecast bank credit growth in the second quarter to reach 3.5-4 percent, much higher than the rate in the first quarter.

Techcombank to issue 4.7mn shares to employees

June 19, 2020 | 10:28

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue 4.7 million shares to current employees under its employee stock ownership plan (ESOP), at a price of 10,000 VND (0.43 USD) per share.