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Vietnam central bank grants first credit quota for banks


The Maritime Commercial Joint Stock Bank (MSB) has received the highest credit growth quota of 13.5% this year against 9.5% in 2022 as part of the first credit growth quotas the State Bank of Vietnam (SBV) has granted in 2023. MSB is also the only bank that has been granted a higher credit growth quota compared to 2022. The remaining banks have received lower credit growth quotas than last year, such as HCM City Development Commercial Joint Stock Bank (HDBank) with 11%; Asia Commercial Joint Stock Bank (ACB) with 9.8%; Vietnam International Commercial Joint Stock Bank (VIB) with 9.5%; Tien Phong Commercial Joint Stock Bank (TPBank) with 9.1%; Vietnam Prosperity Commercial Joint Stock Bank (VPBank); and Military Commercial Joint Stock Bank (MB) with the same credit growth quota of 9%.

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