Mr. Kim Byoungho, Chairman of the Board of Directors of HDBank, spoke at the conference - Photo: Nhat Bac
Mr. Kim Byoungho - Chairman of the Board of Directors of HDBank, proposed that the State Bank consider and assign additional targets to capable credit institutions.
In which, HDBank proposed to re-implement consumer credit programs to support the lives of workers in industrial parks and export processing zones similar to the VND 20,000 billion package deployed in 2023.
At the same time, HDBank wishes to continue to promote the removal of difficulties and legal and procedural obstacles to expand production and business of people and enterprises. Especially supporting people and enterprises affected by natural disasters to reduce the risk of bad debt for the bank.
Along with that is promoting the restructuring of commercial banks associated with bad debt handling, creating conditions for these banks to soon complete restructuring, contributing to improving the stability of the commercial banking system.
Chairman of Vietnam International Bank (VIB) Dang Khac Vy said that the credit growth rate only reached 6% in the first 6 months of the year, still quite far from the target of 15% for the whole year of 2024. However, there have been positive signs of increasing credit demand, so the bank has deployed many solutions to provide credit to the market.
VIB Chairman also maintained a deep discount rate, focusing on working capital financing and medium- and long-term financing for businesses with interest rates of 2.9% or higher. Although short-term profits are reduced, this is a step to create conditions for sustainable development for individuals, businesses and banks when production and business are restored.
Accordingly, Mr. Vy suggested that it is necessary to drastically promote solutions to boost the real estate market; continue to implement the policy of not loosening credit conditions to increase credit growth at all costs...
Mr. Pham Quoc Thanh, General Director of HDBank, also attended the conference.
Deputy Governor Pham Quang Dung said he has directed banks to publicly disclose interest rates on their websites. The average lending interest rate for new and old loans continues to decrease sharply, by August 2024 it will decrease by more than 1% per year compared to the end of 2023.
Of which, the lending interest rate of the private banking sector decreased by about 0.96%; currently at 9.17%, higher than the entire system and the group of state-owned commercial banks. Credit growth of the private banking sector increased by 8.48%, accounting for 45% of the market share, the highest increase in the entire system.
Credit growth for all sectors has improved compared to the same period in 2023, the credit structure is in line with the economic restructuring orientation. The after-tax profit of the private banking sector is about 44,000 billion VND (excluding the two specially controlled banks, Dong A Bank and SCB), reaching about 77,000 billion VND, an increase of nearly 20% over the same period.
Mr. Dung affirmed to continue to operate monetary policy proactively, flexibly, promptly, effectively, and in synchronous and harmonious coordination with fiscal policy and macroeconomic policies. Operate credit proactively, flexibly, in accordance with macroeconomic developments and inflation, creating conditions for businesses and people to access capital.
Banks proactively review, identify risks and violations, implement early warning and prevention solutions, and handle them seriously and in accordance with regulations. Implement social housing credit programs and policies, forestry and fishery credit programs, restructure debt repayment terms and maintain debt groups in accordance with regulations...
Source: https://tuoitre.vn/ngan-hang-tu-nhan-hien-ke-tang-tin-dung-hdbank-muon-co-goi-20-000-ti-dong-cho-tieu-dung-20240921184834574.htm
Comment (0)