To the end of April 2017, credit in the economy increased 4.86% over the December 2016, reached to its highest level in 6 years
VCN- According to experts, interest rates are suffering much more pressure than in 2016 and credit growth has been relatively positive in recent years.
VCN- Any field of industry also requires a large amount of capital to meet the production needs. Therefore, many areas have to "ask" for their own credit mechanism and ...
Thanks to the clear improvement of the business environment, credit establishments (Ces) were quite optimistic and confident in new developments in 2017.
VCN- In 2016, the State Bank of Vietnam operated money supply reasonably, stablized interest rates, reduced lending rates.
Only 30 percent of small and medium-sized companies manage to take out loans from banks.
VCN - Enterprises with the need of foreign currency can continue to borrow in the coming year.
The enterprises in agriculture have many opportunities for development. However, lack of capital and financial capability are preventing their advance.
Annual ranking to be conducted by SBV, with points awarded in five criteria.
About 70-80 percent of the profit made by foreign banks comes from services, while credit makes up 10-15 percent.
Endless credit poses the risk of funds being misused by the country's four major banks.
The public is being asked to become more aware about guarding their personal data to avoid potential loopholes in local bank security systems.
That would be higher than the central bank's target of between 18 and 20 percent for the year, and a sharp rise from last year.
Credit institutions expect credit growth this year to reach 21.82 per cent, according to the State Bank of Việt Nam’s Q4 survey.
The State Bank of Vietnam (SBV) has reminded foreign credit institutions and bank branches of its rollover loan requirements.