Update:
July, 17/2021 - 08:46
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A branch of Agribank. — Photo dantri.com.vn
HÀ NỘI — The State Bank of Việt Nam (SBV) has officially approved credit room extensions for some banks in line with fulfilling the Government’s policy of both managing the fight against the pandemic and continued economic development.
Instead of the 10-12 per cent allowed under the most recent current credit growth grants, some banks will be able to issue credit up to 14-15 per cent for the year.
Banks that have been allowed to expand credit are mostly pursuing Basel III standards and all have met the requirements of Basel II.