Outstanding loans in Vietnam dong rise in Jan-July

10:08, 24/08/2020

(ĐN) - Dong Nai-based commercial banks and credit organizations lent some VND219.3 trillion as of July-end, up 5.6% 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 some VND219.3 trillion as of July-end, up 5.6% 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 5.6 percent to around VND184.6 trillion, loans in foreign currencies downed by 3 percent to more than VND34.7 trillion.

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 3-6 percent per year. 

Reported by L.P