Loan turnover reaches over VND191 trillion in 2018

05:12, 25/12/2018

(ĐN)- According to Dong Nai Branch of the State Bank of Vietnam, local credit organizations raised more than VND180.3 trillion in deposits in 2018.

 

(ĐN)- According to Dong Nai Branch of the State Bank of Vietnam, local credit organizations raised more than VND180.3 trillion in deposits in 2018.

The branch also said that total outstanding loans this year is over VND191.3 trillion. Of the total, short-term loans accounted for around 60 percent of total loans, while medium and long-term ones made up 40 percent.

Accordingly, short-term lending interest rates were between 6 and 9 percent per annum while middle and long-term ones were between 9 and 11 percent per annum. The USD lending interest rate is stabilized at 2.8-5.1% for short term and 5.2-6% for middle and long term.

Loans focused on agriculture and new rural construction, small and medium businesses, export enterprises.

Reported by H.G