According to the State Bank of Vietnam, credit growth of all the banking system till end July has reached 5.3% over end 2012...
According to the State Bank of Vietnam, credit growth of all the banking system till end July has reached 5.3% over end 2012.
The credit growth of the whole year 2013 is targeted to be 12%. However, the State Bank asks banks to expand credit in an effective and high-quality way.
To reach the target of 12%, the average figure of year-end time must be 1.3% a month. Normally, credit will rise in year-end time, therefore, the credit growth target may be reached.
T.T
