84% enterprises judge that the production business situation is stable and better

According to the State Bank - Binh Duong branch, outstanding loan of this branch continued to grow, the exchange rate and interest rate were kept stable, actively satisfied the credit demand for production and business. The SBV Binh Duong branch also implemented measures to support 2% interest rate funded by the State budget, solved difficulties for customers. 

Over the first 6 months of 2022, the total deposits in the area was estimated at VND 281,432 billion, an increase of 5.5% over the beginning of the year and an increase of 11.1% over the same period last year. Total outstanding loan was estimated at VND 275,583 billion, an increase of 8.6% over the beginning of the year and an increase of 11.2% over the same period last year. Bad debts are VND 1,300 billion, accounting for 0.47% of the total outstanding loan, the ratio of bad debts was within the permissible limits.

Meanwhile, according to the Provincial Statistics Office, the survey data on production and business situation of the second quarter of 2022 showed that 84% of enterprises judged that the production and business situation was stable and better, of which 48.8% of enterprises believed this trend would improve; 35.2% of enterprises said that the production and business situation was stable; 15.9% forecasted a more difficult prospect.

Reported by Minh Duy – Translated by Ngoc Huynh