Outstanding loans up over 3%

03:04, 02/04/2018

(ĐN) - Dong Nai-based commercial banks and credit organizations lent approximately VND161.5 trillion in the first quarter of this year, up 3% over the end of the previous year, according to the Dong Nai branch of the State Bank of Vietnam.

(ĐN) - Dong Nai-based commercial banks and credit organizations lent approximately VND161.5 trillion in the first quarter of this year, up 3% over the end of the previous year, according to the Dong Nai branch of the State Bank of Vietnam.

Accordingly, outstanding loans in Vietnam dong rose by 3.5 percent, loans in foreign currencies surged by 2 percent.

Short-term loans increased over 4 percent while medium and long-term ones rose 2 percent year-on-year.

Currently, the VND lending rates for short-term loans remain at 6-6.5 percent per year, medium and long-term at 9-10 percent. The US dollar lending interest rate is among 2.8-6 percent per year.  

Reported by H.G