Five banks qualify for year-end credit expansion


Banking boost: Bank tellers and customers in Hanoi. The SBV has allowed commercial banks to be completely proactive in determining their credit growth according to the capital needs of the economy and their own capital capacity. — Bloomberg

HANOI: Five banks including Vietinbank, ACB, VIB, Techcombank and MSB, have qualified for the credit room expansion in the final quarter of this year, Saigon Hanoi Securities Joint Stock Company estimates.

The credit room increase will help the banks expand their business scale, when credit demand is often high at the end of the year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Vietnam , Vietinbank , ACB , VIB , Techcombank , MSB

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read