Credit growth projected at 18% in 2018

by VTV409 January 2018 Last updated at 09:25 AM

VTV.vn - Credit growth will be 18% in 2018 and the good growth rate will have a positive impact on the business reports of the entire banking sector, according to the State Bank of Vietnam (SBV).

Credit room allocated to commercial banks will be balanced by the SBV based on the target. Agricultural production, export enterprises, small and medium enterprises, high technology applications, and supporting industries are the 5 priority sectors that will be receiving investment in 2018. Also this year, the SBV is expected to reduce interest rates in order to support enterprises.

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