Outstanding loans up 14.6 pct

08:01, 26/01/2022

(ĐN) - Dong Nai-based commercial banks and credit organizations lent over VND278.2 trillion as of December-end, an increase of more than 14.6 percent over the end of the previous year, according to Dong Nai branch of State Bank.

 

(ĐN) - Dong Nai-based commercial banks and credit organizations lent over VND278.2 trillion as of December-end, an increase of more than 14.6 percent over the end of the previous year, according to Dong Nai branch of State Bank.

Of the total, short-term loans accounted for nearly VND150.8 trillion, up 19.2%, while medium and long-term ones made up over VND127.4 trillion, a year-on-year increase of 9.9%.

Presently, short-term lending interest rates are 4.4 percent per annum while middle and long-term ones are between 7.6 and 9.5 percent per annum.

In 2021, local credit organizations and banks have made measures to restructure the repayment periods or reduce the interest to support Covid-19 affected customers, help them to overcome difficulties.

Reported by H.H