As of early October 2023, the total mobilized capital of credit institutions in Ha Tinh is estimated to increase by 11.22% compared to the end of 2022.
Recently, capital mobilization in the area has continued to be promoted. Credit institutions have proactively and effectively implemented solutions, so mobilized capital has grown well.
Since the beginning of the year, credit institutions have proactively and effectively implemented solutions to promote increased mobilized capital.
Through monitoring, although capital mobilization interest rates from the second quarter tended to decrease, with proactive implementation of solutions from the beginning of the year, the total mobilized capital of Ha Tinh banking industry still grew well.
According to the State Bank of Vietnam, Ha Tinh Branch, by early October 2023, the total mobilized capital of credit institutions in the area is estimated to reach VND 93,725 billion, an increase of about 11.22% compared to the end of 2022 and an increase of 13.71% compared to the same period in 2022. This is an important resource for credit institutions to continue directing credit to production, business, priority sectors and economic growth drivers according to the Government's policy.
Increased mobilized capital is an important resource for credit institutions to continue directing credit to production and business sectors.
With strict compliance with the regulations on interest rate management of the Governor of the State Bank of Vietnam, in the past time, in Ha Tinh, there has been no phenomenon of unfair competition or exceeding the ceiling among credit institutions. Specifically: Interest rates for mobilizing deposits in VND are at 0.1-0.5%/year for non-term deposits and deposits with terms of less than 1 month; 3-4.75% for deposits with terms from 1 month to less than 6 months; 4.7-6.5%/year for deposits with terms from 6 months to less than 12 months; 5.8-6.8%/year for deposits with terms of 12 months or more. USD mobilization interest rate is 0%/year for deposits of organizations and individuals. |
Thao Hien
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