Bank deposit growth slowed in Jan-July

10:08, 02/08/2023

(ĐN)- According to the latest data from Dong Nai Branch of the State Bank of Vietnam, deposits of individual customers at local banks and credit organzations as of July-end increased by 2.35 percent to reach more than VND291.6 quadrillion.

 

(ĐN)- According to the latest data from Dong Nai Branch of the State Bank of Vietnam, deposits of individual customers at local banks and credit organzations as of July-end increased by 2.35 percent to reach more than VND291.6 quadrillion.

Specifically, the banks and credit organizations raised more than VND275 trillion in VND deposit and around VND16.2 trillion in foreign currency deposit, up 3.7% and down 16.7%, respectively, against the end of last year.

Since the beginning of the year, import-export payment and collection operations experienced a slowdown due to the shortage of orders. This has directly affected the capital mobilization efforts of local credit organizations.

Reported by H.H