Record-low interest rates drive early-year credit growth
Since the beginning of the year, numerous banks have launched attractive credit packages with low-interest rates, some even as low as 0% per
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Jan 10, 2023
Banks expect credit growth to reach 13.7% in 2023
Credit balance of the entire credit institution system is expected to increase by 4% on average in the first quarter of 2023 and by 13.7%
Dec 8, 2022
Vietnam’s central bank raises credit growth cap, pumps $8.4billion into economy
SBV has revised up the credit growth target for the domestic banking system by 1.5-2 percentage points from its previous target of 14%
Nov 23, 2022
Interest rates on consumer loans increase many borrowers sell their homes to pay off mortgages
Increasing interest rates are forcing homebuyers to make difficult decisions, including selling their homes to pay off their mortgages.
Nov 21, 2022
Increasing credit demand causes difficulties for many businesses
Increased demand for credit, at a time when banks have their credit quota stretched to the limit, is putting pressure on companies
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