VND48 trln for rural and agricultural loans

06:02, 26/02/2019

(ĐN) - As of February-end, Dong Nai-based banks provided loans of VND48 trillion to local rural and agricultural development projects, accounting for nearly 25.6 percent of total loans and  increasing 0.35 percent compared to the end of 2018, according to Dong Nai branch of State Bank.

 

(ĐN) - As of February-end, Dong Nai-based banks provided loans of VND48 trillion to local rural and agricultural development projects, accounting for nearly 25.6 percent of total loans and  increasing 0.35 percent compared to the end of 2018, according to Dong Nai branch of State Bank.

Accordingly, outstanding loans secured by assets represented about 22% of total rural and agricultural loans, while loans without collateral accounted for 78%.

Local commercial banks and credit organizations lent over VND188 trillion raised VND168.7 trillion in deposits as of Feb-end.

Reported by U.N