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May. 06, 2024, 12:00 AM
According to Việt Nam Chamber of Commerce and Industry (VCCI), up to 70 per cent of small and medium sized enterprises (SMEs) have had difficulties in getting loans due to not meeting the requirements of lenders.
Tags: Nguyễn Trí Hiếu
In contrast to Vietcombank’s move to cut deposit interest rate a week ago, two other large State-owned commercial banks -- Vietinbank and BIDV -- this week announced they were raising the rate.
Credit growth rate in the first eight months of 2017 has been estimated at 11.5 per cent compared to the end of 2016, the National Financial Supervisory Commission (NFSC) reported.
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