Accordingly, the SBV requested credit institutions (CIs):
- Strictly implement the direction of the Governor of the State Bank in Directive No. 01/CT-NHNN dated January 20, 2025 on organizing the implementation of key tasks of the banking sector in 2025 to contribute to stabilizing the macro economy, controlling inflation, and achieving the growth target of 8% or more in 2025.
- Implement solutions to stabilize and strive to reduce deposit interest rates to contribute to stabilizing the monetary market, creating room to reduce lending interest rates in accordance with the direction of the Government, the Prime Minister and the SBV.
- Continue to implement more drastically and effectively the direction of the Government, the Prime Minister and the State Bank in reducing operating costs, enhancing the application of information technology, digital transformation, simplifying procedures and other measures to reduce lending interest rates, support people and businesses to access bank credit capital, promote production and business development. Every month, continue to maintain the publication of average lending interest rates, the difference between average deposit and lending interest rates, lending interest rates for credit programs, credit packages and other types of lending interest rates (if any) on the electronic information page of credit institutions so that customers, people and businesses can conveniently access and look up information.
- Ensure safe and effective credit growth, focusing on prioritizing the allocation of credit capital to production and business sectors, priority sectors and economic growth drivers; strictly control credit in sectors with potential risks.
- Strengthen communication and guide customers on loan interest rate reduction policies, promptly and fully disclose information so that customers can grasp and access the policies of credit institutions.
PV
