Vietnam’s credit growth is much likely to stand at 18-19 percent in 2018, similar to the rates in the last three years, the National Financial Supervisory Commission said on Monday.

This year, the proportion of medium- and long-term loans tends to drop, and that of short-term loans are expected to rise, while consumer credit is predicted to continue to surge.

Meanwhile, mobilization and lending interest rates are forecast to be fairly stable, increasing or decreasing around 0.2 percentage points against last year.

Vietnam posted a credit growth of 19 percent in 2017. Specifically, it saw a 65-percent surge in consumer credit which represented 18 percent of total loans, said the commission.