The SBV also requested functional units to focus on inspecting and supervising risky investment areas.
At the same time, credit institutions with high credit growth in the fields of real estate, securities, and consumption will be inspected. If any banks fail to comply with credit growth targets or fail to classify debts and set up risk provisions, they will face consequences based on the law.
Credit growth in real estate is slowing down. The first quarter of this year only recorded an increase of 3.6% which is half the growth rate of the same period last year.
