SBV reviews 2021 and looks bet88 kèo 2022

The State Bank of Vietnam (SBV) has continued bet88 kèo implement solutions bet88 kèo control credit size and improve credit quality, Deputy SBV Governor Dao Minh Tu told the central bank’s regular press conference on December 28.

The banking industry has decided bet88 kèo deploy a range of solutions in order bet88 kèo continue bet88 kèo create favorable conditions for individuals and businesses bet88 kèo access credit, meet legitimate needs, and contribute bet88 kèo limiting “black credit”, such as promoting the application of science and technology, developing online services, expanding networks, diversifying products and services, reducing interest rates, and simplifying lending procedures.

Despite being negatively affected by Covid-19, credit in the entire economy increased from the beginning of 2021 and was higher than in 2020. As of December 22, credit had increased 12.68 per cent compared bet88 kèo the end of 2020.

The credit balance for 23 policy credit programs of the Bank for Social Policies as of November 30 reached VND245.199 trillion (.77 billion), an increase of 8.4 per cent.

In addition, the Deputy Governor added that credit institutions had offered favorable support bet88 kèo customers, such as restructuring repayment terms, exempting or reducing interest rates, and offering lower interest rates on new loans.

However, due bet88 kèo Covid-19, bad debts increased 0.21 per cent since the beginning of the year. On-balance sheet bad debts and unresolved debts sold bet88 kèo the Vietnam Asset Management Company were 3.79 per cent, and 8.2 per cent if including contingent liabilities structured according bet88 kèo Circulars No. 01, 03 and 14.

Regarding future plans, the Deputy Governor said the SBV will administer credit solutions bet88 kèo help control inflation and support the recovery of economic growth, direct credit institutions bet88 kèo safely and effectively grow credit, control and handle bad debts, direct credit bet88 kèo production and priority fields according bet88 kèo government policy, and strictly control credit in potentially risky areas.

The SBV will also continue bet88 kèo synchronously implement solutions bet88 kèo help individuals access bank credit and identify solutions bet88 kèo remove difficulties facing customers affected by Covid-19 and natural disasters.