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Tran Ngoc Bau News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Banks post huge profits despite low credit growth

Credit growth throughout the banking sector in the first quarter remained low at 0.26 per cent, but many banks still reported significant profits.

Regaining trust essential to bolster growth of credit

Some banks are at times reluctant to lend, regardless of their financial standing. Tran Ngoc Bau, CEO of WiGroup, a major provider of economic data and fintech solutions, talked to VIR’s Nhue Man about credit bottlenecks in the current context and how to boost credit growth in a healthy manner.

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