On July 31, the State Bank of Vietnam announced an increase in the credit growth target for 2025 for credit institutions (CIs) according to specific principles, ensuring publicity and transparency. The addition of this limit is the initiative of the State Bank of Vietnam without the need for CIs to request it.
The adjustment to increase the credit growth target comes in the context of the whole system's credit growing by 9.64% as of July 28, 2025 compared to the end of 2024.
Meanwhile, inflation conditions are controlled in accordance with the goals set by the National Assembly and the Government and implementing the direction of the Government and the Prime Minister on managing credit growth appropriately, promptly, effectively, and meeting the capital needs of the economy .
Previously, from the beginning of the year, the State Bank assigned credit growth targets to credit institutions.
According to the second quarter financial reports of four state-owned commercial banks that have just been announced, Agribank 's credit growth in the first 6 months of the year reached 8% compared to the end of 2024, with total outstanding loans to customers reaching 1,851 trillion VND.
Meanwhile, BIDV achieved a credit growth of 6%, and set a record for outstanding customer loans as of June 30, reaching VND2,135 trillion.
At VietinBank, credit growth in the first 6 months of the year reached 10%, the highest level in the Big4 banking group, with total outstanding loans reaching 1,884 trillion VND.
At Vietcombank, credit growth in the first half of the year reached 7% compared to the end of 2024 with total outstanding customer loans of VND 1,541 trillion.
In total, outstanding customer loans as of June 30 of the four largest commercial banks in the system amounted to VND7,411 trillion.
Source: https://vietnamnet.vn/ngan-hang-nha-nuoc-thong-tin-quan-trong-ve-chi-tieu-tang-truong-tin-dung-2427449.html
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