Deposit mobilisation by credit institutions in HCM City grew by 4 per cent as of July 31 to VND3.02 quadrillion (US$132.5 billion), according to the State Bank of Vietnam.
The Government has called for faster than targeted credit growth in pursuit of this year’s GDP goal of 6.7 per cent. However, experts have some concern that this would exert more pressure on the central bank to ensure macroeconomic stability...
Credit institutions in this southern city lent a total of VND1,024
trillion (US$48.76 billion) in the first 11 months of this year, up 7.5
per cent over last December.
The State Bank of Viet Nam (SBV) Governor, Nguyen Van Binh, announced
that lending by credit institutions increased by 12.51 per cent in 2013
from a year ago, when he attended a business review meeting by
Vietcombank on January 10, according to local...
Sacombank has said it will ask the State Bank for permission to increase its credit growth quota for this year as its outstanding loans have represented two-thirds of the target set for 2013.