High system leverage, however, may leave them vulnerable to economic shocks, state analysts
[HO CHI MINH CITY] Vietnam’s banks are starting on a capital-raising sprint, driven by fresh regulatory alters and surging credit demand as the counattempt chases ambitious double-digit growth in the coming years, stated analysts.
Banking system-wide lfinishing – the primary financing channel for the counattempt’s economic growth – expanded nearly 15 per cent in the year through October, the quickest pace in five years.
Analysts are forecasting a full-year credit growth of 18 to 20 per cent, powered by the US Federal Reserve’s monetary easing and a domestic low-rate environment to support the economy. The initial tarobtain was 16 per cent growth.
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