Green credit balance increases by an average of 22% each year

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Among the 12 green sectors, the State Bank has instructed credit institutions to lend, with outstanding loans mainly focusing on renewable energy, clean energy (accounting for nearly 45%) and green agriculture (over 30%). Credit institutions have strengthened their assessment of environmental and social risks in credit granting activities, with outstanding loans assessed for environmental and social risks reaching about VND2.7 million billion, accounting for over 20% of the total outstanding loans of the economy .

In recent years, many credit institutions have proactively cooperated and received technical support from international financial institutions to develop internal regulations to implement environmental and social risk management for a number of credit granting activities for customers.

Source: THNM/TTV News

Source: https://truyenhinhthanhhoa.vn/du-no-tin-dung-xanh-moi-nam-tang-binh-quan-22-180240428090852623.htm