The State Bank of Vietnam’s Region 14 branch, together with the Can Tho City People’s Committee, held a conference on promoting credit growth in Can Tho, reviewing local banking conditions and setting priorities for the second half of 2025. As of 30 June 2025, total deposits in the area were VND 216.438 trillion, up 3.43% from end-2024, while outstanding credit reached VND 308.477 trillion, up 6.85%. The reported non-performing loan ratio was 2.62% of total loans. Updates highlighted that credit was directed towards priority and production and business sectors, lending rates were kept low, and government and State Bank of Vietnam-directed credit programmes were deployed to local credit institutions, households and businesses. Local banks discussed credit growth, non-performing loan resolution, preferential credit packages and loan management practices, while the city’s SME credit guarantee fund flagged implementation challenges including guarantee fees and banks’ requirements for accepting guarantee certificates. Can Tho’s Vice Chairman requested that, in the second half of 2025, local banks diversify funding mobilisation to balance local and transferred funding, strengthen credit quality management, and have the State Bank of Vietnam’s local branch monitor credit growth across credit institutions operating in the area.
State Bank of Vietnam 2025-07-28
State Bank of Vietnam’s Region 14 branch convenes Can Tho credit growth conference as lending reaches VND 308.477 trillion
The State Bank of Vietnam’s Region 14 branch and the Can Tho City People’s Committee held a conference to promote credit growth, reviewing local banking conditions and setting priorities for the latter half of 2025. As of 30 June 2025, deposits in Can Tho rose by 3.43% to VND 216.438 trillion, and outstanding credit increased by 6.85% to VND 308.477 trillion, with a non-performing loan ratio of 2.62%. Discussions focused on credit growth, non-performing loan resolution, and challenges in implementing SME credit guarantees.