SBV adjusts credit limits of 18 banks

A recent banking report from VnDirect shows that the State Bank of Vietnam (SBV) has loosened credit limits on 18 banks. Sacombank now has the highest limit, at 4 per cent, followed by MB and Vietcombank with 3.2 per cent and 2.7 per cent, respectively. TPBank, Eximbank, and LienVietPostBank also received adjustments. The SBV prioritized banks with a healthy credit structure in extending limits. According to VnDirect, total credit growth is estimated at 13 per cent by the end of the year following this adjustment; close to the 14 per cent target set by the central bank.