HCM City’s credit growth has rebounded, growing by 3.65 per cent as of the end of March, up 13.1 per cent year-on-year, according to the State Bank of Viet Nam’s HCM City branch.
The banking sector in HCM City is developing measures to increase
credit growth to 12 -14 per cent by strengthening links between banks
and companies, according to an official from the State Bank of Viet Nam.
The banking sector in HCM City will likely achieve a credit growth rate
of 14 per cent in 2014, the State Bank of Viet Nam Governor told the
city''s People''s Committee last week.