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Finance & Banking

Finance & Banking

Credit growth reached 6%, completing the target assigned by the Government
Credit growth as of June 24 reached 4.45%, exceeding the same period last year
Ho Chi Minh City maintains uptrend in credit growth
The SBV requests banks to strive for credit growth of 5-6% by the end of the second quarter
Credit growth in Hanoi and Ho Chi Minh City is twice as high as the whole country
Credit growth returned to positive in March and April
The value of non-cash payments is 23 times larger than GDP
Draft circular on USD deposit interest rates is open for public consultation
Exchange rate pressure may ease from the third quarter
Positive credit growth after 2 consecutive months of negative growth
KBSV: Exchange rates would only increase about 1.5% this year
Payments via QR in January increased by nearly 10 times in volume and 11 times in value
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