credit growth rate
Many enterprises complain that they cannot access the 2 percent interest rate subsidy package, and banks are not keen on the program because of complicated procedures.
State Bank Vietnam (SBV) Governor Le Minh Hung said at a conference on reviewing socio-economic development in the first half of the year that SBV has adjusted the 2020 credit growth rate limits of some banks.
If large businesses cannot pay their debts, they may put pressure on banks to lower requirements for loans.
The number of borrowers is expected to increase, but this also poses higher risks for finance companies.
Small enterprises complain they cannot access the preferential lending program, while banks say hundreds of trillions of dong are ready for disbursement.