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credit growth quota

Abolishing credit rooms under consideration: central bank

Abolishing credit rooms under consideration: central bank

Financial reports showed that as of the end of June, 10 banks posted credit growth rates of below 5 per cent over the end of the previous year.
Credit growth quota policy needs to ensure safety of banking system

Credit growth quota policy needs to ensure safety of banking system

The State Bank of Việt Nam (SBV) this year removed the credit growth quota for foreign banks, but the policy remains for Vietnamese banks, due to concerns about rising bad debts, the security of the banking system and macroeconomic instability.
Central bank grants first credit growth quota for banks in 2023

Central bank grants first credit growth quota for banks in 2023

Among the banks, Maritime Commercial Joint Stock Bank (MSB) has received the highest credit growth quota of 13.5 per cent against 9.5 per cent in 2022.
Qualified banks expect higher credit growth quota in the next few months

Qualified banks expect higher credit growth quota in the next few months

Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Viet Nam (SBV) in the next few months.
Expanded credit growth quota supports firms in recovery

Expanded credit growth quota supports firms in recovery

The State Bank of Viet Nam (SBV)’s expansion of credit growth quotas for commercial banks has d favourable conditions for lenders to boost lending, contributing to supporting capital sources for individuals and firms to recover after the COVID-19 pandemic.
Banks offer higher deposit rates after credit growth quota expanded

Banks offer higher deposit rates after credit growth quota expanded

Many banks have increased their interest rates to attract more depositors after getting a credit growth quota expansion from the State Bank of Viet Nam (SBV).
Banks allowed to extend credit growth quota

Banks allowed to extend credit growth quota

The State Bank of Vietnam (SBV) has extended the credit growth limits for the third time this year to some commercial banks to meet rising capital demands at year-end.
Calls again for scrapping credit growth limits for banks

Calls again for scrapping credit growth limits for banks

Many banks are likely to seek an increase in their credit limits like they did in previous years when they used up their assigned quota halfway through the year.
Banks run out of credit quotas

Banks run out of credit quotas

Many large-sized commercial banks have no scope for credit growth in the last months of the year, as they have used nearly all the quota allowed by the central bank.