Loan turnover reaches over VND125 trillion

09:11, 21/11/2016

(ĐN)- According to Dong Nai Branch of the State Bank of Vietnam, local commercial banks and credit organizations lent over VND125 trillion as of middle-November, an increase of nearly 17% against the end of 2015.

(ĐN)- According to Dong Nai Branch of the State Bank of Vietnam, local commercial banks and credit organizations lent over VND125 trillion as of middle-November, an increase of nearly 17% against the end of 2015.

Of the total, short-term loans accounted for over VND72.1 trillion, up 16%, medium and long-term ones made up approximately VND53.5 trillion, up 18%.

The lending interest rates level in VND remained stable. Accordingly, short-term lending interest rates in VND at state commercial banks were between 6 and 7 percent per annum while middle and long-term one were between 9 and 10 percent per annum.

Reported by U.N