Bank credit rose 12.97% in Jan-July.

By bne IntelliNews August 4, 2010
Credit extended by Vietnamese banks rose 12.97% during the first seven months of this year. As reported by Dow Jones International News, the central bank governor, Nguyen Van Giau stated that the country is aiming credit growth of 25% for the whole year to boost economic growth. Total deposits in banks have grown 16.3% from the beginning of this year.

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