Governor of the State Bank of Vietnam Nguyen Thi Hong

Banks lend at special interest rates of 0% without leading to budget risks

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According to the Government's report, the State Bank's special lending with an interest rate of 0%/year does not lead to the risk of the state budget having to cover interest rates.

Not everyone is eligible for special loans, interest rates of 0%, no guaranteed assets

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Governor Nguyen Thi Hong affirmed that the special loan with an interest rate of 0%, without collateral, is only applicable in special and urgent cases.

Minister Nguyen Manh Hung clarified the issue of questioning

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According to the National Assembly delegate, Minister Nguyen Manh Hung's answer was very brief, clarifying the root of the problem, and the solution given was quite clear and complete.

State Bank Governor: Real estate credit increased sharply by over 12%

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The hottest information has just been announced by State Bank Governor Nguyen Thi Hong that the State Bank has no intention of adjusting the credit increase target of 14% as set out at the beginning of this year. Credit in the first 6 months of 2022 increased by 9.35%. Notably, real estate credit increased sharply in the first half of 2022.