Central bank’s credit growth target helps real estate recovery

Central bank’s credit growth target helps real estate recovery

Experts said a large portion of this influx of cash will likely flow into promising investment avenues like real estate and securities, especially given the current volatility in the gold market.
Banks set for aggressive bond issuance in 2025 to fuel growth

Banks set for aggressive bond issuance in 2025 to fuel growth

Vietnam’s banks are set for a significant increase in bond issuance in 2025, as financial institutions look to meet the State Bank of Vietnam’s ambitious credit growth target of 16%, according to experts.

Forecast upbeat for banking industry in 2025

Commercial banks' pre-tax profits in 2025 are forecast to grow by 14.9% year-on-year, while bad debt has peaked and is expected to decrease next year.

High real estate credit growth raises concern

There is a concern about risks that can arise as real estate credit has increased sharply in recent years, particularly by the end of September, higher than the general credit growth of the entire economy.

Abolishing credit rooms under consideration: central bank

Deputy Governor of the State Bank of Vietnam (SBV) Pham Quang Dung has recently said that the central bank is studying a plan to gradually abolish the credit growth quota policy following the National Assembly and the Government’s directions.

State-owned banks struggle to increase capital

While private joint stock commercial banks have increased capital significantly so far this year, the capital for State-owned commercial banks has remained stagnant.

Small banks face more loan delinquencies, liquidity issues

Asset risks and profitability of Vietnamese banks remained broadly stable, but small banks faced more loan delinquencies and liquidity issues in the first half of 2024, analysts said.

Banks to shift to retail lending to gain credit growth

Many banks, which used to focus on lending to individual (retail) customers, have had to shift to expanding corporate lending to achieve credit growth in the first half of 2024.

Banks pump over 18.88 billion USD into economy in June

Banks lent more than 480 trillion VND (18.88 billion USD) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5 - 6% to the end of Q2.

Credit growth soars in June

Credit growth has accelerating since the beginning of June, signaling that the 15% growth target is achievable, if the rate is maintained in the remaining months of this year.
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