August 30, 2022 | 06:06

Pressure being placed on lending rates

An Phong

According to Viet Dragon Securities (VDSC), with lending rates on the rise, tightening credit space may push rates even higher in the second half of the year. The State Bank of Vietnam could adjust its credit growth target to make it more in line with actual needs, and credit growth for the year as a whole could reach 16 per cent.

Pressure being placed on lending rates
Photo: Illustration
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