HANOI - Vietnam’s four major State-owned commercial banks are set to disburse VND1 quadrillion to meet the economy’s capital demands in 2026.

This move was announced by Le Ngoc Lam, CEO of Bank for Investment and Development of Vietnam (BIDV - one of the big four banks), during the conference entitled “Enterprises’ contribution to double-digit growth and the Prime Minister’s tribute to the business community” held on March 27. With an assigned credit growth target of 11–12% for 2026, the big four banks, including BIDV, Vietcombank, VietinBank and Agribank, will focus their credit flows on priority sectors, including agriculture, exports, manufacturing, energy and digital transformation. Beyond capital supply, these institutions serve as the backbone for implementing monetary policy, stabilizing the foreign exchange market and maintaining reasonable interest rates to support businesses and households. To enhance their lending capacity, Lam proposed that the Government allow State-owned banks to retain all profits for stock dividend payments to boost their capital base. He also advocated for a tripartite risk-sharing mechanism between the State, enterprises, and credit institutions, alongside a market-based approach to resolving non-performing loans to unlock stagnant resources.