The State Bank has officially announced an adjustment to increase the credit growth target for 2025 for credit institutions according to specific principles, ensuring publicity and transparency.
The State Bank has announced an adjustment to increase the credit growth target for credit institutions in 2025 according to specific principles, ensuring publicity and transparency. The addition of this limit is the initiative of the State Bank and credit institutions do not need to request it.
At the same time, the State Bank also requires credit institutions to seriously implement the directions of the Government , Government leaders and the State Bank, and resolutely organize the implementation of solutions on credit activities to improve business efficiency, ensure system safety and stabilize the monetary market.
According to information from the State Bank, “Safe and effective credit growth, directing credit to production and business sectors, priority sectors and economic growth drivers according to the policies of the Government and the Prime Minister; strictly controlling sectors with potential risks.”
In addition, the regulator also directed credit institutions to continue to maintain stable deposit interest rates and strive to reduce lending interest rates through cost savings, increased application of information technology, simplification of administrative procedures, restructuring and reorganizing the apparatus as well as continuing to have policies to remove difficulties in accessing credit capital for businesses and people.
According to data from the State Bank, as of June 30, 2025, the total outstanding credit balance of the entire system reached over VND 17.2 million billion, an increase of 9.9% compared to the end of 2024 and an increase of 19.32% compared to the same period in 2024. This is also the highest credit growth rate in many years.
According to the second quarter financial reports of four state-owned commercial banks that have just been announced, Agribank's credit growth in the first 6 months of the year reached 8% compared to the end of 2024, with total outstanding loans to customers reaching 1,851 trillion VND.
Meanwhile, BIDV achieved a credit growth of 6%, and set a record for outstanding customer loans as of June 30, reaching VND2,135 trillion.
At VietinBank, credit growth in the first 6 months of the year reached 10%, the highest level in the Big4 banking group, with total outstanding loans reaching 1,884 trillion VND.
At Vietcombank, credit growth in the first half of the year reached 7% compared to the end of 2024 with total outstanding customer loans of VND 1,541 trillion.
In total, outstanding customer loans as of June 30 of the four largest commercial banks in the system amounted to VND7,411 trillion.
Source: https://baolamdong.vn/ngan-hang-nha-nuoc-dieu-chinh-tang-chi-tieu-tin-dung-nam-2025-384563.html
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