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banks’ credit growth

Commercial banks to mainly focus on credit in 2024

Commercial banks to mainly focus on credit in 2024

Under a 2024 strategy report released recently, analysts from VNDirect Securities forecast credit growth will reach about 15 per cent in 2024.
HCM City banks credit growth on steady upward path

HCM City banks’ credit growth on steady upward path

Total loans outstanding at credit institutions in HCM City were worth nearly VNĐ3.36 quadrillion (US$137.7 billion) as of September 30, a 0.72 per cent increase from the previous month, according to the State Bank of Vietnam.
Credit room expected to be extended at year-end

Credit room expected to be extended at year-end

The State Bank of Viet Nam is expected to expand room for credit soon due to strong demand for capital in the rest of the year.
Basel II standards help banks get high credit growth limit

Basel II standards help banks get high credit growth limit

Some commercial banks expect to get high credit growth limits set by the central bank this year as they have so far met Basel II’s capital safety and risk management standards ahead of schedule.
More banks permitted to expand credit growth

More banks permitted to expand credit growth

The State Bank of Viet Nam (SBV) recently decided to allow more commercial banks to expand their credit growth limits in 2018.
Banks expect higher credit growth limits

Banks expect higher credit growth limits

More commercial banks expect their credit growth limits to be expanded this year after Techcombank became the first to get the nod to do so from the State Bank of Viet Nam (SBV) recently.
Banks required to control lending

Banks required to control lending

The State Bank of Viet Nam (SBV) has required commercial banks to control their credit growth in line with their capital mobilisation ability and credit growth limits set by SBV.
Bank profits expected to rise significantly in Q1

Bank profits expected to rise significantly in Q1

The profits of many banks in the first quarter of this year are estimated to rise higher than that of the same period last year thanks to significant credit growth.
Higher credit growth could increase listed banks profits

Higher credit growth could increase listed banks’ profits

The profits of the seven listed banks could rise 32.16 per cent against the beginning of 2017, if this year’s credit growth target is raised to 20 per cent.
New lending rules to help banks: Moodys

New lending rules to help banks: Moody's

The State Bank of Viet Nam (SBV)''s recent proposals on tightening lending rules would benefit local banks, the rating agency Moody''s said on Monday.