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Credit growth to hit four-year low

by VTV417 December 2018 Last updated at 10:34 AM

VTV.vn - The State Bank of Vietnam (SBV) held a year-end meeting with international organizations, embassies, bilateral and multilateral partners, and foreign credit institutions in Vietnam.

Some expected results in monetary policy management this year were mentioned here. According to the SBV, credit growth this year is kept strictly under 16%.  Thus, it is expected that credit growth in 2018 will be significantly lower than the target set at the beginning of the year, around 17%. This is also the lowest level since 2014.

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