Room is also needed credit?

  If the former, receiving targets credit growth, banks are wary, do not know enough to perform or not, today, very few banks are interested in this indicator.


    Due to the fact, to the credit growth in the current context is not easy, and, when necessary, say "room" will be ready to meet the central bank.

                              Eximbank credit outstanding in the first 5 months of the new year up 0.9%
    

    Willing to increase room


    After more than 5 months of operation this year, outstanding credit growth at around 8% of Sacombank against targets received for this year is 12%. In particular, individual credit accounts for a small part. Talking to reporters Investment Securities, Pham Huu Phu, Chairman of Sacombank, said the bank's strategy of focusing diversified lending, retail, banks focus more on customer loans personal goods, especially housing loans. Sacombank advantages that have been in boosting retail strategy is a network wide. According to Phu, due to credit growth in the first months of the year at Sacombank positive signs, Sacombank proposal to increase the central bank "room" credit to 20% and the results have been approved SB ago 2 week.


    Chairman of a bank with capital midrange also said the bank credit criteria he delivered this year by 9% compared to 15% last year. From the beginning of the year, loan growth of bank credit also approximately 5%. So, if from now until mid-third quarter, capital requirements of customers change positively, the bank will also propose additional central bank would "room" for further credit growth conditions for loan .


    In fact, compared to the previous year, when the "room" outstanding credit growth is allocated from the central bank in based on the capacity of each bank, this year there has been a change. But still set limits, but the central bank encourages banks to capital markets to support the timeliness of customer needs. When demand increases, "room", the central bank is ready to meet the bank.

    

    But many banks do not need


    The two banks said demand is increasing room for small cases. In fact, although credit growth have tended to improve, but overall still very slow compared to the speed required for finishing 12% in this year. As of 31/5, the banking system credit increased 2.98%, higher than the same period last year (0.56%) and improved over the month. In particular, credit increased 5.48% in USD, foreign currency credit fell 8.41%.


    Evolutions economy remains difficult when the inventory has no signs of decline. Capital needs of customers increases, although interest rates have dropped to low levels, credit remains sluggish.


    Truong Van Phuoc, general director of Eximbank said that interest rates have dropped from 18-19% / year in 2011 to a current average of about 11% / year. Particularly at Eximbank, the average interest rate was approximately 11.02% / year. However, according to Mr. Phuoc, although interest rates have been reduced to a low level and even on the ceiling below, only 7% / year that Eximbank is applied, but the good businesses still "shaking his head" when banks offer loans.


    "With bank lending still know the interest rate of 7% / year current loss, but if the lender will be more difficult," he said, Blessed, Eximbank credit balance of the first 5 months increased 0.9% compared to new targets received this year is 12%.


    Not only Eximbank, the general manager of a bank in the city. HCM, to boost loan growth this difficult time. No customer loan demand, while the need to risk capital.


    City Manager State Bank branch. HCM, Mr. Su Wei Lin also said the credit growth of banks in the city is only 6 months was estimated at 3.1%, while funding increased by 5%. Meanwhile, the bank's bad loans remain high, around 5.91%. Therefore, tight control of credit quality remains a top priority.


    CitiBank leaders said that in order to control and limit the risk of bad debt, the banks have to proceed to the application of standards of Circular 02/2013/TT-NHNN, whether this was a circular central bank back to the time taken 30/06/2014.


    According to the SBV Governor Nguyen Van Binh, although the liquidity of the banks has improved, but not really safe. The bank should not concern the issue of excess cash. The stability of the system liquidity should be strengthened on the basis of a step and it can further reduce the interest rate and the loan deposit.


    Regarding interest rates, according to the central bank statistics, in the first 6 months of this year, loans with interest rates below 10% / year accounted for about 14% of the industry total loans interest rate from 10-13% / year on account 50% of total loans, the interest rate 13-15% accounted for 24% and 15% interest on 12%. The objective of the central bank is going to cut interest rates in unison down 13% / year for businesses to borrow and make long-term interest rates of less than 12% / year, while the short-term is 10% / year. However, Governor Binh said that everyone must have a policy and schedule certain lag.