Short-term loans up 14.3%

05:01, 08/01/2020

 (ĐN) - Dong Nai-based commercial banks and credit organizations lent some VND211.8 trillion as of 2019-end, according to the Dong Nai branch of State Bank.

 (ĐN) - Dong Nai-based commercial banks and credit organizations lent some VND211.8 trillion as of 2019-end, according to the Dong Nai branch of State Bank.

Of the total, short-term loans accounted for more than VND112.3 trillion, up 14.3%, medium and long-term ones made up around VND99.5 trillion, up 19%.

Currently, short-term lending interest rates are 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