Vietnamese central bank raises credit growth cap for local banks


HANOI, Dec 6 (Xinhua): The State Bank of Vietnam (SBV) has announced that it raised its cap on the local banking system's credit growth for this year by 1.5 to 2.0 percentage points.

It said in an announcement released the same day that banks with good liquidity and offering low interest rates will enjoy an increase in their credit growth.

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Vietnam , Central Bank , Credit Grwth Cap

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