Vietnam's credit growth seen at 13 pct y/y in 2014: c.bank

Reuters

Email Print

Vietnam's credit growth seen at 13 pct y/y in 2014: c.bank

RELATED NEWS

Vietnam's credit growth this year is expected to quicken slightly to 13 percent, in line with its annual target, after an expansion of 12.52 percent in 2013, a senior central banker said on Tuesday.
The country is expected to post a surplus of $11 billion in its balance of payments this year, Do Thi Nhung, deputy head of the State Bank of Vietnam's Monetary Policy Department, told a news conference.
Loans as of Dec. 19 had risen 11.8 percent from last year, the central bank said in a statement.

More Business News