Credit growth rate of Dong Nai reaches 29%

04:11, 13/11/2009

(ĐN)- Director of Dong Nai Branch of the State Bank of Vietnam Tran Quoc Tuan said that the credit growth rate of Dong Nai’s banking system by the beginning of November of 2009 had reached 29%.

(ĐN)- Director of Dong Nai Branch of the State Bank of Vietnam Tran Quoc Tuan said that the credit growth rate of Dong Nai’s banking system by the beginning of November of 2009 had reached 29%. Local banks recorded a total outstanding loan balance of around VND 36 trillion, exceeding the set target of 5%. The credit growth rate of Dong Nai is at a reasonable level and this will not be a ‘hot credit growth rate’ while the credit growth rate limit approved by the Government for all of 2009 is 30%.

Reported by K.N