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Vietnam c.bank says bank lending as of June 9 up 8.15% from end-2021

Vietnam c.bank says bank lending as of June 9 up 8.15% from end-2021

Wednesday, June 15, 2022, 11:18 GMT+7
Vietnam c.bank says bank lending as of June 9 up 8.15% from end-2021
People go past the State Bank building in central Hanoi, Vietnam. November 23, 2017. Photo: Reuters

Bank lending in Vietnam as of June 9 rose 8.15% from the end of last year, the State Bank of Vietnam said on Wednesday.

The new loans had been funnelled into manufacturing and business projects to support post-pandemic economic recovery, the central bank said in a statement.

For the rest of the year, the central bank will "pursue a flexible monetary policy to keep inflation under control and ensure macroeconomic stability," it said.

Bank lending in Vietnam as of June 9 rose 8.15% from the end of last year, the State Bank of Vietnam said on Wednesday.

The new loans had been funnelled into manufacturing and business projects to support post-pandemic economic recovery, the central bank said in a statement.

For the rest of the year, the central bank will "pursue a flexible monetary policy to keep inflation under control and ensure macroeconomic stability," it said.

Reuters

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