Medium and long-term loans up over 20%

06:11, 06/11/2019

(ĐN) - Dong Nai-based commercial banks and credit organizations lent over VND210 trillion as of October-end, according to the Dong Nai branch of the State Bank of Vietnam.

 

(ĐN) - Dong Nai-based commercial banks and credit organizations lent over VND210 trillion as of October-end, according to the Dong Nai branch of the State Bank of Vietnam.

Of the total, short-term loans estimated at VND109.5 trillion, up some 11.5% from early this year, while medium and long-term ones accounted fore VND100.5 trillion, up 20.3%.

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.

Reported by H.Q