Credit growth limits still appropriate in current Vietnam context: lawyer

Credit growth limits still appropriate in current Vietnam context: lawyer

Applying credit growth limits is necessary in Vietnam as businesses and the economy still rely too much on bank credit, said lawyer Truong Thanh Duc, CEO of ANVI law firm.

Opinion - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s credit growth limit no longer appropriate: experts

Vietnam’s credit growth limit no longer appropriate: experts

The credit growth cap maintained by Vietnam’s central bank no longer suits the current situation because certain weaknesses have begun to appear, experts say.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Banks should continue reducing interest rates: central bank governor

Banks should continue reducing interest rates: central bank governor

Banks should continue cutting costs in order to reduce interest rates, Governor Nguyen Thi Hong of the State Bank of Vietnam said at the government’s Thursday meeting on boosting credit growth for the economy.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Credit expansion limit raised for banks with reduced interest rates

Credit expansion limit raised for banks with reduced interest rates

The latest increase in credit expansion limit will be prioritized for banks with strong liquidity and lending interest rate reductions, says the central bank's Deputy Governor Dao Minh Tu.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Four commercial banks have credit growth cap lifted

Four commercial banks have credit growth cap lifted

The State Bank of Vietnam on Thursday extended the credit growth limit for four commercial banks VPBank, HDBank, MB and Vietcombank, according to top broker VNDirect Securities.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

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