1H credit growth at 8.51%

Figures from the General Statistics Office show that credit growth in 2022 as of June 20 stood at 8.51 per cent, much higher than the 5.47 per cent posted in the same period of 2021. Growth in banks’ capital mobilization, however, was only 3.97 per cent. The State Bank of Vietnam (SBV) expects credit growth to come in at 14 per cent for the year as a whole.