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.

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Vietnam , Vietinbank , ACB , VIB , Techcombank , MSB

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