Total loans outstanding as of November 30 at credit institutions in HCM City were worth over VNĐ3.4 quadrillion (US$140.15 billion), a 1.3 per cent increase from the previous month, according to the central bank.
Many commercial banks have asked the State Bank of Viet Nam (SBV) to expand the credit growth limit as they have almost used up the assigned quota for the whole year.
Bank credit growth so far this year stands at 7 per cent year-on-year, outstripping deposit growth, which is only 5 per cent, Dau Tu Chung Khoan newspaper reported.