Loans for SMEs up 20%

(ĐN)- As of the beginning of October, Dong Nai-based credit organizations offered loans approximately VND34.2 trillion for local small and medium enterprises, up more than 20% compared to the end of last year, according to Dong Nai Branch of State Bank of Vietnam.

 

(ĐN)- As of the beginning of October, Dong Nai-based credit organizations offered loans approximately VND34.2 trillion for local small and medium enterprises, up more than 20% compared to the end of last year, according to Dong Nai Branch of State Bank of Vietnam.

Currently, the VND lending rates for short-term loans remain at 6-9 percent per year, medium and long-term at 9-11 percent. The US dollar lending interest rate is among 2.8-6 percent per year.  

Reported by H.G