Over VND29 tril loans for SMEs

10:10, 26/10/2016

(ĐN)- According to Dong Nai Branch of the State Bank of Vietnam, the province-based commercial banks and credit organizations provided loans totaling over VND29 trillion to local small and medium enterprises (SMEs) in the first ten months of this year.

(ĐN)- According to Dong Nai Branch of the State Bank of Vietnam, the province-based commercial banks and credit organizations provided loans totaling over VND29 trillion to local small and medium enterprises (SMEs) in the first ten months of this year.

This figure accounted for 23 percent of total loans and increased 34 percent compared to late last year.

Most of SMEs need capital to expand their workshops and increase consumer market.

Reported by U.N