credit growth limits

Update news credit growth limits

Central bank designs roadmap for credit-growth rate limit

The State Bank of Vietnam (SBV) is considering gradual removal of the current credit growth rate scheme as per a request by the National Assembly and government.

Central bank to raise credit limit, banks slash interest rates

The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.

Credit growth limits in Vietnam and the effect on the economy

During a lesson about economic recession at Columbia University (USA) last year, my professor explained that to prevent a banking crisis, the world applies two policy approaches – repression or prudential.