In the first three quarters of this year, bank credit growth was low, but since October, credit growth has shown signs of recovery. With favorable conditions, including abundant liquidity, low lending interest rates, and seasonal factors, banks are enabling credit flows to the market at the end of the year.

The negative impacts of the Covid-19 pandemic have been heavily affecting enterprises, especially small and medium-sized enterprises (SMEs). Most SMEs are short of money to put into production and business. The credit growth of the banking industry in the first six months of this year was quite low, so banks are actively pushing capital into this segment.