Credit growth expected at 18 percent in 2018 - News Summed Up

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Credit growth expected at 18 percent in 2018


Credit growth expected at 18 percent in 2018The National Financial Supervisory Commission (NFSC) forecast Vietnam’s credit to grow 17- 18 percent in 2018, similar to the growth last year. The National Financial Supervisory Commission (NFSC) forecast Vietnam’s credit to grow 17- 18 percent in 2018. The commission said credit growth slowed down in January due to seasonal factors such as Tet holiday being around the corner. Deposit growth slid in the first month of 2018; however, it picked up from February. Credit institutions have aimed for 17.71 percent in the credit growth of Vietnamese Dong and 7.39 percent of foreign currencies.-VNA


Source: VietNamNet News February 13, 2018 07:07 UTC


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