SBV Deputy Governor: Credit growth target being monitored

The State Bank of Vietnam (SBV) set a credit growth target of 14 per cent for 2022 at the beginning of the year. SBV Deputy Governor Dao Minh Tu has said that as of the end of August, credit growth had reached 9.91 per cent; high compared to the same period last year. With more than 4 per cent remaining, the central bank will assign new targets to banks in the next few days.