Credit growth in 2025 could exceed 20%

QNgTV- As of the end of September, credit had grown by nearly 14% compared to the end of 2024, of which more than 70% focused on production and business, the remaining outstanding loans focused on consumption.

Credit growth in 2025 could exceed 20%

According to the State Bank, as of September 29, credit increased by 13.37% compared to the end of last year, much higher than the same period. The credit structure also shows that capital continues to flow into priority sectors, in which about 78% of outstanding loans in the entire economy serve production and business.

Regarding interest rate management, the State Bank said that since the beginning of the year, the regulatory agency has maintained low interest rates to support businesses and people. The State Bank also regularly directs credit institutions to reduce operating costs and increase the application of technology to strive to lower lending rates. Thanks to that, the interest rate level continues to decrease. The average lending rate for new loans is 6.52%/year, down 0.41 percentage points compared to the end of 2024.

It is expected that by 2025, credit growth could reach 19% to 20%, supporting economic growth of 8% or more as the target approved by the National Assembly .

Source: https://quangngaitv.vn/tang-truong-tin-dung-nam-2025-co-the-vuot-20-6508321.html