Vietnam c.bank says bank lending as of June 9 up 8.15% from end-2021

Jun 15th at 14:03
15-06-2022 14:03:11+07:00

Vietnam c.bank says bank lending as of June 9 up 8.15% from end-2021

Bank lending in Vietnam as of June 9 rose 8.15% from the end of last year, the State Bank of Vietnam said on Wednesday.

 

The new loans had been funnelled into manufacturing and business projects to support post-pandemic economic recovery, the central bank said in a statement.

For the rest of the year, the central bank will "pursue a flexible monetary policy to keep inflation under control and ensure macroeconomic stability," it said.

tuoitrenews



NEWS SAME CATEGORY

Banks reveal plans to pay dividends in cash

 All commercial banks are planning to increase their capital greatly in coming years, in which the stock dividend will still be the mainstream. However, it is still...

US Treasury Department recognises Viet Nam’s progress in addressing currency-related concerns

The US Department of the Treasury has recognised the progress made by Viet Nam in its recently released report on macro-economic and foreign exchange policies of...

Shinhan Life Vietnam introduces two Endowment products

Shinhan Life Insurance Vietnam Co., Ltd. (Shinhan Life) yesterday officially launched two life insurance products "Shinhan – Tuong Lai" and "Shinhan - Thanh Tai"...

Bank interest margins under pressure due to high inflation

Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month.

Breakthrough in cross-border taxation policy

There are positive signs being seen after the completion of the policy and tax administration framework in the field of cross-border e-commerce.

Big M&A deals forecast in banking industry in 2022

Vietnam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.

EXIM Thailand opens representative office in HCM City, inks credit deal with BIDV

The Export-Import Bank of Thailand has agreed to provide the Bank for Investment and Development of Viet Nam with a credit facility worth US$100 million to use as...

Vietnam needs legal framework for digital banking

The current global digitalised economy will give rise to new business models that will compete, support, or even cause traditional business models to completely...

Viet Nam plans to reduce number of credit institutions

The country will reduce the number of credit institutions and basically finish the settlement of poor-performing banks by 2025 to make the banking system develop...

Vietnam's budget transparency score moves up 9 ranks in 2021

There have been improvements in Vietnam’s budget transparency compared to previous years.

Bank stocks

Insurance stocks


MOST READ


Back To Top