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Vietnam's central bank targets credit growth of 12% IN 2021

HO CHI MINH CITY, Jan 10 (Bernama): The State Bank of Vietnam (SBV) targets a credit growth rate of 12 per cent in 2021, equivalent to the growth of 12.13 per cent last year, according to SBV Deputy Governor Dao Minh Tu.
The goal, however is not a fixed figure, as the central bank may adjust it if necessary, Vietnam News Agency (VNA) quoting Tu said at a press conference in the capital
He said that in case the COVID-19 pandemic is totally controlled, and the economy needs fast recovery, leading to an increased credit demand, the SBV will expand credit to support businesses and economic recovery. ....

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Central bank targets credit growth of 12 percent in 2021

Central bank targets credit growth of 12 percent in 2021
10:00 | 08/01/2021
Illustrative image (Source: VNA)
HCM City â The State Bank of Vietnam (SBV) targets a credit growth rate of 12 percent in 2021, equivalent to the growth of 12.13 percent last year, according to SBV Deputy Governor Dao Minh Tu.
However, the goal is not a fixed figure, as the central bank may adjust it if necessary, Tu said at a press conference in Ho Chi Minh City on January 7.
He said that in case the COVID-19 pandemic is totally controlled, and the economy needs fast recovery, leading to an increased credit demand, the SBV will expand credit to support businesses and economic recovery. ....

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