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Sbv Vietnam

Banks urged to further cut lending rates

Banks urged to further cut lending rates

The central bank will continue instructing banks to reduce interest rates, share profits with businesses, and undertake debt restructuring with a greater sense of urgency.

Vietnam's credit growth expands by 13% in 2021

Vietnam's credit growth expands by 13% in 2021

Next year, the State Bank of Vietnam expects the credit expansion to be around 14%, slightly higher compared to this year, for which the central bank is committed to further restricting credit going into risky fields.