HANOI, Sept 22 — Vietnamese banks' total lending rose 4.81 per cent as of Sept 16 from the end of last year, the State Bank of Vietnam said on Tuesday.
Vietnam's economic growth traditionally relies heavily on increased credit, though authorities have been trying to reduce this reliance. The central bank has previously said it was targeting 11 per cent-14 per cent credit growth for this year.
The country's total money supply, M2, rose 7.58 per cent as of Sept 15 from end-2019, the central bank said.
— Reuters
