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This is confirmed by the State of Bank (SBV) - Governor Nguyen Van Binh during a recent session with the Commission of the National Assembly. Even so, in fact, also according to official data provided from the SBV, as of the end of October, new credit growth reached 7.85%. Thus, during the last two months of the year, credit growth should reach at least from 4-6% more new credit growth targets of the completion in 2014..





According to credit reports, the head of the banking industry, there are many facilities to he can count as such. From the beginning of the year, the SBV has directed the SBV branches organize, deploy the Bank connection program-business in the local to extend credit and support the ENTERPRISES. Also, in coordination with the ministries concerned research and devising measures to handle problems related to credit activities. Besides, the TCTD also has launched more attractive credit programs and diversity, actively search for good customers to lenders.

On the other hand,  According to the credit reports, as of 30.9, system-wide credit rose 7.26% compared to the end of 2013. Compared to the 4.5% increase on 26.8, credit growth has 2.76% in more than a nudge, and the higher the level of 6.87% of the 9 months of the same period last year. In reporting the results of the third quarter/2014 of some URBAN COMMERCIAL shows, many URBAN COMMERCIAL credit growth are fairly compared with the second quarter/2014, even some NH achieved growth plan out all year.

Heads of State NHTMCP, as of 30.9, raising capital of the bank, there are 390,117 billion increase reached 17.67% from the beginning of the year, credit card debt help reaching 99% of the plan year, 300,324 billion loan. Profit before redundancy is 7,533 billion, up nearly 8 percent compared to the same period in 2013.

According to many credit experts, in times past, the SBV has made monetary policy flexible, proactive way, towards macro-economic stability and keep abreast of market developments. Can clearly see that the SBV has been harmonious and effective matching between the tool and the monetary volume of interest rates to control inflation at a reasonable level, macro stability, while supporting economic growth.

From the beginning of the year, the SBV regularly analyzes, reviews and forecasts available capital of the whole system of credit organizations as the basis for regulating the money supply, helping to ensure liquidity for the system consistent, medium level does not create pressure on inflation, has helped lower by interest rates on the market.

During the more than nine months beginning in 2014, the interest rate banks trading overnight frequently around 1.5%-2%/year, even at one point in the month decreased to approximately level 2.2014 1%, a record low level in many years. Banks lower interest rates on the one hand to create cheap, abundant capital, helping to reduce the cost of capital of credit organizations, contributing ground lending interest rates pulled the market down to a lower level.

With business credit card solution and results of bank industries over time, can believe that credit growth of SBV is relatively satisfactory, and this will contribute to difficulty, promote business development and credit restructuring in the direction of focus loan capital for the priority areas under the Government's undertakings.

You can easily access to credit check companies and manage your account your Visa HSBC credit card wherever you are via the online banking services of HSBC.



With the HSBC Online banking service, you can:
• See the balance and check the transactions of Credit Card accounts and other HSBC account (s)
• Make payments from (the) HSBC account easily and securely, 24/24
• Download and print the monthly account statement
• Manage and redeem Bonus points
• Subscription service secure online Payment of HSBC (SecurePay)

HSBC Online banking service is free, secure, simple and convenient. You can subscribe credit monitoring to the service with only 3 steps:
1. Visit www.hsbc.com.vn and click on the "sign up"
2. Create Online HSBC bank account you own
3. Select the account that you want to connect with online banking, HSBC
After registration, we will send to you a Security Device to log into Online Banking HSBC.

Bank By Phone
Telephone banking service by HSBC's free, convenient and reliable. This is one of the easiest ways to know the Card account information related to credit card consolidation at any time, 24 hours a day.

With credit repair of Telephone Banking, you can:
• Check the balance on your account and the nearest trading
• Transfer money from current account or savings account in HSBC on HSBC Visa Credit Card account
• Request the personal code number (PIN number) to use their Credit Cards at the ATM
• Change the PIN number of the Phone Banking service
• Manage and redeem Bonus points
• Activate your new Credit Card

Banking services by phone (84 8) 37 250 251 applied automatically and free of charge for all HSBC credit Cardholders Visa Gold and Visa standard.

Recently, the insolvency service, consecutive breaks occur at the local credit check companies come from black credit. So what is the black credit and why more and more black messy credit?




Black credit is the term or refers to the activities of the civil loan without going through the formal banking system. Black credit often occurred as the submarine activity, not noisy, but the implications of it, could be the ruin, there are even situations to secure the violence-filled debt, causing insecurity for social ...

A row in the local as Lang Son, Dien Bien Phu, insolvent cases are causing the formidable implications for people's lives. Most recently, credit reports show that the service people were receiving debt squeeze compensated hydraulic power in Quang Ngai province because of credit loans.

Business black credit is spreading from the North to the South, from the Plains to the mountains ... but all have one thing in common is the insolvent credit service occur largely black rural areas – where borrowers objects always use on the relationship the village neighbors even familiar relatives for loans more easily.

The lender, in addition to the important reason is intrigued by unusually high interest rates, credit card consolidation loan often also put great faith in the creditor because the think neighbor, her son or she wouldn't be able to trick yourself easily. But the reality from the insolvency service in a row indicate that "lenders by faith" is the main factor that brings great risks of disasters related to business credit card when that money, the real, that was surely not confidence is real.

Many deputies said that the black credit need to be controlled by the law, which focuses on some basic solutions such as loan interest rate provisions in the civil code related to business credit card.

Although civil law has clear regulations on loan interest rates. But actually, the situation for high-interest loans or "credit" is still constantly growing and increasingly more publicity. Any solution to the limit as well as termination of this situation?



"Black credit" refers to the active form of civil non-credit through the banking system or the official credit institutions would not, business registration, as well as not yet licensed, non-compliance nor governed officially by any State Agency. The form of this transaction not only destabilizing of security order, damage the network of people that left major economic damage, because social "black credit" has varied forms, with the scale, the result is increasingly unpredictable.

According to statistics of the General Directorate of the police in crime prevention, within the first 6 months in 2014, the country happened 141 service scam, 125 service abuse credit appropriation of assets related to "credit". Because of the greed of the people about business credit card with high interest rates have made it no less widely admired fainting people empty the entire capital loan assets, makes them unable, and mobilizing others to usury in order to make the word spreads, leading to the line.

In the context of the difficult economy, business loan demand increases song not everyone has access. Therefore, people are willing to hold onto on "black credit" despite the financial risk does not control. The left side of the "credit", laid out several issues and business loans for bad credit need measures adjusted by law.

Nguyen Ngoc Phuong, Quang Binh Union representatives stated comments: "in the process of implementation of credit loans between people of the same loan agreement, then this is not prohibited by law. Due to the advantage of this is that many illegal as the scam, hụi, broken at this is against the law but that the police have no right to intervene and now the Criminal Law also does not handle both national lenders, you have proof of fraud, but you do not pay then I also suffered.

Therefore I propose is this must bring in a law to control, to processing rules. I propose is to take on the criminal case, a thing borrowed of other people have proof which does not fulfill the obligation of repayment related to credit card would prejudice criminal liability ".

Because of the current provisions of the law remain loose and not enough deterrence so deceptive status from the increasingly black credit and loan activities are so blatant.

Business credit reports show that the current criminal code there is only 1 thing only (article 164) regulates the behaviour of heavy interest rate loan but must meet both factors: interest rates 10 times the highest interest and specialized nature of sweatshop (lived usury and used many tricks to force lenders and repayment). In the meantime, this is not easy to prove and define should have caused difficulties for the police during the investigation, handling.

The delegates said that one key solution to regulate credit card the lending activities in civil transactions is regulated lending interest rate ceiling. In the past 10 years, the civil code in force enforcing the provisions in clause 1, article 481: "interest rate due to the parties to the agreement but not exceed 150% of the basic interest rate by the State Bank announced". This has shown their inadequacies because of the fact that the interest rate on the market related to business credit card were far beyond the level of this regulation.

Credit consolidation,brings more convenience to users, but many still wonder about the fees for using the card. If not aware of the principles of the Bank's fee, the card holder can find themselves paying more ridiculous charges. The credit card holder must pay a basic fee: 2 types of fee and annual fee card. Each option, each issuing bank fees is usually 100,000-200,000 VND. Some banks issuing cards, free or reduced fees to encourage customers to open the card.



The main function of the credit card is to pay when buying goods, services. If the cardholder uses the card to spend and payment of the credit limit, the Bank will not be collecting any fees. Fees of 3-5% on the value of the payment will be collected by bank and credit check companies accept unit. In foreign countries, the rate of profit of the retail industry is usually large (about 20%), and ratio of people are paying with credit cards as well as high social trend, so most sellers accept this fee. But in Vietnam, the rate of profit of some sectors still low so many cases of people selling currency back to the buyer's fees of 2-3% if paid by credit card.

This is the principle of making the unit accepts the card, the Bank usually has a fine regulation if the seller violates this. Card users should ask the Bank's regulations when open registration cards to avoid the cases being charged ridiculous. Some banks have a promotional incentive for customers to use credit cards for payment at the unit to accept the card as a partner of the Bank. When using a credit card to withdraw cash at the ATM, POS, the card holder will be charged on banks that amount at the rate of 3-5% depending on the brand and where cards to withdraw money.

In addition, this credit card debt consolidation amount being charged interest according to the interest the Bank announced withdrawal from the day to day pay off debt; and there may be currency conversion fees. How to charge so high is because the Bank does not encourage the credit cardholder to use the card to withdraw cash.

Monthly, to the window, the Bank will total the amount spent by the customer's credit card and sent recorded statements 1 the amount used during the month. The customer must pay this amount within 15 days.

If the time limit, the customer will have to pay interest to the Bank on the amount slowly charged and subject to a fine, usually 3-4% on the amount slowly charged. Because of the relatively high fines should use credit card billing statements that need attention on time. In addition, the credit card fees prescribed by the Bank for the services related to the use of the card.