Vietnam Central Bank Urges Banks to Submit Loan Growth, Deposit Targets
The State Bank of Vietnam, the country’s central bank, has sent a dispatch asking all the credit institutions and banks to inform their loan growth and deposit targets this year as part of government efforts to stimulate the economy.
They are requested to specify loans for each sector of the economy including agro, forestry, fisheries, industrial, construction sectors, small and medium enterprises, securities and realty investors as well as consumers, the SBV noted.
They will have to submit their reports to the SBV before March 4 this year. (Vietstock)