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Bank credit to grow by 19-20% in 2025, SBV says

Bank credit to grow by 19-20% in 2025, SBV says

(VOVWORLD) - Bank credit in Vietnam rose 13.37% as of September 29 compared to the end of last year, the State Bank of Vietnam (SBV) announced at a press conference in Hanoi on Friday.

The State Bank of Vietnam holds a press conference to review Q3 banking activities on October 3, 2025. (Photo: Trung Hieu/VOV)
The credit structure in the first nine months of this year focused on production and business activities, especially priority sectors and economic growth drivers in line with the Government's policy, the bank added. 
SBV expects credit to increase by 19% to 20% this year, one of the highest rates of the last 15 years. This is possible if banks can effectively mobilize capital and maintain healthy, sustainable growth from now till the end of this year. 
Q4 will decide whether or not we can complete 2025’s socio-economic targets, SBV’s Deputy Governor Pham Thanh Ha said. “We will maintain a flexible approach to monetary policy and closely monitor market developments. This approach not only addresses common issues of the economy, credit institutions, borrowers, and the market, but also ensures that we can adapt to any new challenges that arise, thereby fulfilling our assigned tasks.”
 
 

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