* The fate of countries under the banking system
Recently, the plan taxed very high for bank deposits in the Republic of Cyprus, partly in terms of the rescue business credit package from the European Union (EU) for the country, people flocked to the ATM to withdraw cash.
The banking system and the stock market of Cyprus then had to suspend operations. Although credit reports and scores in the end does not get the support of the Cyprus Parliament, this event has made both financial markets rúng Europe, and threatened to push the region back to the crisis.
Quite a coincidence, before that city real estate Association also has a similar proposal is taxing savings and stumbled to the strong reactions from public opinion.
The scale of the banking system in Vietnam.
The scale of the Vietnam banking system also dramatic increases in more than a decade.
Specifically, the ratio of credit card debt consolidation than GDP grew more than 3.4 times in the period 2000-2010, and an increase of 1.6 times over the period 2006-2011. Notably, the credit scale strong growth both in relative and absolute number of credit repair followers since the 2004, 2005.
By the end of 2012, the total credit in the economy, according to figures announced by the SBV estimated .265 3.038 billion (increase of about 7% compared to the end of 2011), and the total assets of the banking system is .780 5.085 billion.
So, if compared with GDP in 2012 estimated .684 2.950 billion, the total assets of the banking system by 2012 by 172.36% of GDP and credit card in the economy by 102.97% of GDP.
After the economic stimulus package "crisis" in 2009 and some "effects" of credit growth to be the virtual, credit scale in Vietnam's economy is showing signs of slowed markedly. This phenomenon is to go along with the period of stagnation of the economy and the banking system step on the roadmap for comprehensive restructuring.
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