Credit growth target is within reach to contribute to boosting economic growth: SBV

Expanding investments to drive economic growth is a priority in achieving the target of 15% set for this year, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Bank credit growth improves in HCM City

Total loans outstanding as of November 30 at credit institutions in Ho Chi Minh City were worth over 3.4 quadrillion VND (140.15 billion USD), a 1.3% increase from the previous month, according to the central bank.

Banks more cautious with home loans

Many banks have so far not only closed their doors to real estate development borrowers but also restricted loans to home buyers.
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