Against a backdrop of intertwined challenges and opportunities, and adhering strictly to the objectives and orientations set by the Party and the Government, the entire banking sector will focus on the following key tasks:
(i) Conducting monetary policy in a proactive and flexible manner, in close coordination with fiscal and other macroeconomic policies. This synergy aims to maintain macroeconomic stability, control inflation, support economic growth, and ensure the major balances of the economy. Interest rates and exchange rates will be managed in alignment with macroeconomic developments, inflation trends, and monetary policy objectives.
(ii) Continuing the synchronous implementation of solutions to stabilize and manage the gold market effectively.
(iii) Implementing credit management solutions tailored to macroeconomic developments and the economy’s capital absorption capacity. These measures are designed to promote economic growth and control inflation while ensuring the operational safety of the banking system. The State Bank will direct credit institutions (CIs) to pursue safe and efficient credit growth, channeling capital into production, business activities, priority sectors, and primary economic growth drivers. Furthermore, the sector will continue to execute credit programs as directed by the Government and the Prime Minister, while facilitating easier access to bank capital for individuals and enterprises.
(iv) Accelerating digital transformation, perfecting specialized databases, and advancing administrative reforms and online public services. Efforts will also focus on promoting non-cash payments and ensuring the utmost security and safety in banking operations.
(v) Directing credit institutions to enhance operational quality through strict compliance with legal regulations, ensuring safe and sound operations. The sector will resolutely address non-performing loans (NPLs) and take proactive measures to minimize the emergence of new bad debts...
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