Từ khóa: #credit limit

Unblocking capital sources for the economy

Unblocking capital sources for the economy

After the recent increase in credit limit, the State Bank of Vietnam (SBV) has granted 13.6 percent of the total 14 percent credit room in 2022. The SBV continues to prioritize inflation control and macroeconomic stability, maintaining low lending interest rates to support businesses and economic recovery.
Illustrative photo.

Obstacles in disbursement of support package

The State Bank of Vietnam has announced adjustment of credit limit for 2022 for fifteen commercial banks by 1 percent to 4 percent, and at the same time requested banks to step up disbursement of the 2-percent interest rate support package as per Decree 31/2022/ND-CP. 
SBV untangles 2-percent interest rate support package

SBV untangles 2-percent interest rate support package

According to the State Bank of Vietnam (SBV), by the beginning of July, the whole economy's credit reached VND11.4 quadrillion, up 9.35 percent, while it only increased by about 6 percent in the same period last year. In this context, Governor of the State Bank of Vietnam Nguyen Thi Hong has recently sent a message on maintaining the orientation of credit growth of 14 percent in 2022 and, at the same time, gave many guidelines to help enterprises access the 2-percent interest rate support loan package.
Banks do not completely cut credit for real estate

Banks do not completely cut credit for real estate

Recently, the State Bank of Vietnam (SBV) has sent a strong message, asking commercial banks to strictly control credit into the real estate sector in the context that the market shows signs of hot growth. This move leads to concerns that the real estate market will face difficulties in the near future.
Capital flow into real estate should not be blocked

Capital flow into real estate should not be blocked

Some banks have announced to stop providing real estate loans, and the corporate bond channel to attract capital for real estate has also been tightened. Faced with this situation, experts raised many financial and capital solutions to reduce risks and develop a sustainable and stable real estate market at the seminar on "Controlling capital into real estate - Policy and impact" held by the Ministry of Construction, on May 11, in Hanoi.
Current credit limit lower than expectation

Current credit limit lower than expectation

 Many banks have been extended credit by the State Bank of Vietnam for the third time, ever since credit rebound sharply after the economy began to reopen. This move has created more expectations that businesses will be injected with more capital to help in the recovery process. 
Lending interest rates unlikely to decline sharply

Lending interest rates unlikely to decline sharply

Many economic experts said that with the current credit scale of over VND10 quadrillion if banks reduce the lending interest rate by 0.5 percent per annum, enterprises will have tens of trillions Vietnamese dong more to overcome difficulties. However, these experts also said that they barely expected a deep and wide wave of interest rate cuts because banks are enterprises themselves, so they must consider carefully when they give loans.
Customers do transactions at a bank in Ho Chi Minh City. (Photo: SGGP)

Credit growth hard to accelerate at year’s end

According to the State Bank of Vietnam (SBV), by September 16, credit growth of the banking industry reached 4.81 percent. Although the State Bank of Vietnam has recently raised the credit growth limit for some effective credit institutions capable of expanding healthy credit into sectors serving economic growth, general credit in the banking system is still growing sluggishly.