Party Leader Asks Banks to Play Key Role in Inflation Battle
The banking sector should a key player to help fight inflation successfully, the Communist Party’s General Secretary Nong Duc Manh said during the visit to Vietinbank July 30 on the occasion of its 20th establishment anniversary.
In the country’s general efforts to curb inflation, the planning and implementation of monetary policy and management and development of credit activity is a core task, he said.
The banking system in general, and Vietinbank in particular, should pioneer in containing inflation, stabilizing macro economy, maintaining growth and ensuring social welfare, Manh said.
During the visit, Manh praised Vietinbank’s 20-year development to become one of the leading commercial banks which makes an average annual growth rate of 30 per cent.
However, the party leader urged that Vietinbank should boost its efficiency, competitiveness and contributions to the country’s industrialization and modernization to match with its advantages and the State’s support. (Local sources)
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