HCMC credit reaches $155 bln, up 11.34% in 2024
While the credit growth in 2024 lower than in 2022, it exceeded the rates in 2023 and 2020.
Topic: credit growth
2024 credit growth reaches 15.08%
Total credit outstanding estimated at VND15.6 quadrillion ($610 billion).
Central bank sets 2025 credit growth target at 16%
As of December 13, credit growth reached 12.5% over the end of 2023.
HCM City credit sees double-digit growth in November
The credit growth trend in the city in recent months aligns with the overall growth trend of the economy.
Vietnam likey to fulfil 2024 credit growth target of 15%: central bank
Credit growth reaching 12.5% as of December 7.
SBV raises credit growth targets for banks
Overall credit growth stood at 11.12% year-on-year as of November 22.
Credit in HCM City up 12.7% in 10M
Total outstanding loans reaching over VND3.78 quadrillion ($148 billion).
Credit growth in HCM City reaches 11.28% in 8M
Total outstanding loans estimated at $149 billion.
Credit institutions permitted to expand credit quotas
To be eligible for the expansion, credit institutions must fulfil at least 80% of the annual quotas set from early year.
HCM City posts credit growth of 11.47% in 7M
Total outstanding loans reaching $145 billion.