In the first 9 months of the year, outstanding loans of the entire banking industry reached more than 108 trillion VND.

According to the State Bank of Vietnam's provincial branch, as of September 30, capital mobilization in the entire banking sector reached VND 94,922 billion, up 7.15% over the same period in 2023; total outstanding loans reached VND 108,034 billion, up 3.33% over the end of 2023. Of which, short-term outstanding loans reached VND 67,901 billion, up 6.24%; medium and long-term loans were VND 40,133 billion, down 1.26%; bad debt was VND 873 billion, accounting for 0.81% of total outstanding loans.

Customers make transactions at Vietcombank Phu Tho branch

Timely resolving difficulties for customers, along with implementing policies to restructure debt repayment terms and maintain debt groups, supporting customers in difficulty with a total value of 521.6 billion VND/160 customers..., credit institutions in the province have diversified forms and approaches to grasp loan needs and promptly provide capital for feasible production and business plans and projects of enterprises, implementing many credit packages with preferential interest rates to customers, notably credit programs for production, business, and priority sectors.

Of which, outstanding loans for agricultural and rural development reached VND39,255 billion; loans for businesses serving import and export reached VND11,404 billion; loans for businesses in industrial parks reached VND5,198 billion; loans for social housing, workers' housing, renovation and reconstruction of old apartments reached VND95 billion (VND73.8 billion disbursed)...

Social security credit programs are being implemented with attention; outstanding loans reached VND 6,203 billion, up 3.1% compared to the end of 2023.

Dinh Vu

Source: https://baophutho.vn/9-thang-dau-nam-du-no-cho-vay-toan-nganh-ngan-hang-dat-hon-108-ngan-ty-dong-220191.htm