Specifically, the State Bank of Vietnam (SBV) said it will operate monetary policy proactively, flexibly, promptly, effectively, synchronously, harmoniously, and closely with fiscal policy and other policies, contributing to prioritizing economic growth while stabilizing the macro economy and controlling inflation.
In particular, continue to direct credit institutions to reduce operating costs, increase the application of information technology, digital transformation and other solutions to reduce lending interest rates.

The State Bank of Vietnam requires commercial banks to find solutions to reduce lending interest rates in the last 6 months of the year.
Continue to closely monitor international and domestic market developments, flexibly manage exchange rates in accordance with market conditions, and coordinate synchronously with monetary policy tools to stabilize the foreign exchange market, contributing to stabilizing the macro economy and controlling inflation.
The State Bank also requested to continue implementing credit management solutions in accordance with macroeconomic developments, inflation and the economy's capital absorption capacity to contribute to promoting economic growth.
Direct credit institutions to increase credit growth safely and effectively, directing credit to production and business sectors, priority sectors and economic growth drivers as directed by the Government and Prime Minister ; strictly control credit in sectors with potential risks.
In the first 6 months of the year, the State Bank of Vietnam kept the operating interest rates unchanged, creating conditions for credit institutions to access capital from the State Bank of Vietnam at low costs, thereby creating conditions to support the economy. At the same time, the State Bank of Vietnam regularly directed credit institutions to strive to lower lending interest rates.
The State Bank also said that it expects credit growth for the entire system in 2025 to be around 16%, with adjustments to suit developments and actual situations.
As of June 30, economic credit reached over 17.2 million billion VND, up 9.9% compared to the end of 2024, with credit focused on priority areas and production and business.
Source: https://vtcnews.vn/ngan-hang-nha-nuoc-yeu-cau-ngan-hang-thuong-mai-tiep-tuc-giam-lai-suat-cho-vay-ar953262.html
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