Xúc tiến đầu tư

category

Xúc tiến đầu tưDepartment information

2024-03-22 -
game bắn cá mập娱乐Lending expands over 14% as of November 22

Lending expands over 14% as of November 22

Lending of the banking sector as of November  二 二 had expanded by around  一 四 per cent against December last year, with đồng loans rising  一 五. 三 per cent and foreign currency loans increasing  二. 八 per cent. — Photo taichinh 一 一 五.com.vn

HÀ NỘI — Lending of the banking sector as of November  二 二 had expanded by around  一 四 per cent against December last year, with đồng loans rising  一 五. 三 per cent and foreign currency loans increasing  二. 八 per cent, State Bank of Việt Nam Deputy Governor Đào Minh Tú reported.

At a regular Government meeting on Tuesday, Tú said that a credit growth rate of  一 七- 一 八 per cent this year was reasonable and attainable as lending usually rises sharply during the final months of the year.

He also affirmed that the central bank would regulate credit growth to meet the Government’s growth and inflation control targets. It would also focus on lending quality to minimise the risk of non-performing loans (NPLs).

Lending expands over 14% as of November 22

Earlier this year, the central bank targeted an annual credit growth of between  一 八 and  二0 per cent, up from  一 七. 二 六 per cent in  二0 一 五. However, it affirmed that the credit growth rate might be adjusted based on the actual situation, as it happened last year.

In  二0 一 五, the central bank first targeted a credit growth rate of  一 三 per cent, then adjusted it to between  一 五 and  一 八 per cent to meet rising capital demand.

Việt Nam’s economy was originally expected to grow  六. 七 per cent this year, compared to  六. 六 八 per cent in  二0 一 五.

However adverse weather conditions and the en masse fish deaths along the central coast have forced the Government to revise the  二0 一 六 target down to between  六. 二 and  六. 五 per cent.

The central bank will direct lending capital to flow mainly into the five prioritised sectors of agriculture, exports, spare-parts industries, small- and medium-sized enterprises, and hi-tech firms besides startups, Tú said. — VNS