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Central bank to phase out credit growth quotas

HCMC – The State Bank of Vietnam (SBV) plans to phase out credit growth quotas for banks, targeting a 16% expansion in overall lending,...

Central bank aims for 16% credit growth in 2025

HCMC – Vietnam's central bank, the State Bank of Vietnam (SBV), has set a credit growth target of around 16% for this year. This...

Stabilizing gold market a key priority: SBV

HCMC – Stabilizing the gold market is a critical priority requiring immediate attention, said Dao Minh Tu, deputy governor of the State Bank of...

Credit growth reaches 15.08% in 2024

HCMC – Credit growth in Vietnam's economy reached 15.08% as of December 31, 2024, with outstanding loans totaling VND15.6 quadrillion, an increase of over...

Forex management on edge

Unusual exchange rate movements in recent times reflect the shifting expectations on the monetary policy by the U.S. Federal Reserve (Fed) and declining foreign...

The race for bank capital hikes

Vietnamese banks have been in a race to add capital this year. This bank capital increases are expected to accelerate further in the coming...

Stabilizing interest rates amid credit expansion

Loans totaling nearly VND1.51 quadrillion were made by credit institutions in the first 11 months of 2024. All eyes are on whether interest rates...

Financial health of small banks

Credit continued to grow positively in the first nine months of 2024, but the full-year target of 15% is still hard to achieve. New...

Exchange rate pressure mounts

Recently, commercial banks have listed the selling price of the U.S. dollar at a level close to the ceiling set by the State Bank...

SBV raises credit growth quotas for banks

HCMC – The State Bank of Vietnam (SBV) has increased credit growth quotas for banks in 2024, allowing lenders to expand lending. This is the...

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