Outstanding loans for export increase sharply

03:08, 22/08/2016

(ĐN)- As of late July, outstanding loans for export reached more than VND8.5 trillion, increasing nearly 31 percent in comparison with the end of last year and accounting for over 7 percent of total loans, according to Dong Nai Branch of State Bank.

(ĐN)- As of late July, outstanding loans for export reached more than VND8.5 trillion, increasing nearly 31 percent in comparison with the end of last year and accounting for over 7 percent of total loans, according to Dong Nai Branch of State Bank.

Since the beginning of the year, Dong Nai-based credit organizations has provided loans with interest rates of between 7% and 13% to local exporters.

Main export commodities included agricultural products, textiles, footwear, wood and wooden products

Exports of the locality’s key commodities will increase in the remaining months of this year, thanks to the recovering global market, said experts.

Reported by U.N