Vietnam government to probe central bank’s credit management

Credit growth is far below the SBV’s 14% annual target amid property sector downturn

State Bank of Vietnam, Hanoi
State Bank of Vietnam, Hanoi

The Vietnamese government has ordered an investigation into the central bank’s management of credit growth, saying it was growing too slowly.

Deputy prime minister Le Minh Khai ordered the Government Inspectorate to examine the central bank’s management of credit growth in 2022 and 2023, according to media reports. The inspectorate will report its findings in January next year.

In January, the State Bank of Vietnam (SBV) set this year’s credit growth target for all credit institutions at 14–15

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account