Tag: Credit demand

According to a State Bank of Vietnam (SBV) survey, although credit institutions believe that credit demand will continue to improve in the second half of 2022, the SBV’s operating point of view is still relatively cautious in the face of inflationary pressure as well as the devaluation of the VND. It emphasized maintaining credit growth in 2022 at 14 per cent.

Once the pandemic is brought under control, credit demand will increase and it is likely that the State Bank of Vietnam will provide more credit space to commercial banks.