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credit growth limit
Update news credit growth limit
Investors and buyers play waiting game in credit switch
The State Bank of Vietnam finally created extra credit room for some banks on September 7. However, the extension is deemed low and may not help real estate businesses and homebuyers access feasible capital sources for their projects.
Credit room extension given, but capital released in dribs and drabs
The State Bank of Vietnam (SBV) has given credit room extension to some commercial banks, paving the way for more money to be pumped into the economy. But capital is being released in dribs and drabs.
Ceiling credit growth rate needs to be removed: economist
According to former deputy director of the Banking Strategy Institute Pham Xuan Hoe, while demand for capital is very high, the credit growth limit has been controlled too strictly, which has put a brake on the economic recovery process.
Liquidity is biggest risk for enterprises: expert
The State Bank of Vietnam (SBV) has recently begun mentioning credit loosening. VietNamNet spoke with Pham Xuan Hoe, former deputy director of the SBV’s Banking Strategy Institute, about the issue.
Deposit interest rates rise, cash flow improves at banks
Deposits at banks have increased sharply following the commercial banks’ raising of interest rates. The highest deposit interest rate is 7.7 percent per annum.
