Vietnam’s credit institutions asked to up lending to boost business
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State Bank of Vietnam Governor Nguyen Van Binh on 17 February asked credit institutions to boost lending right after Tet (Lunar New Year) in a move to support businesses.
Under Directive No819/NHNN-VP, the Governor asked the institutions to effectively enhance their capital mobilisation to be able to meet credit demands of firms and individuals right at the beginning of the lunar year.