Along with development of industrial parks, presence of domestic and foreign investors, Binh Duong province is a place aggregating banks. Especially, most of banks are on Binh Duong Avenue (Thu Dau Mot City), where people call “banking street”.  Many banks are present on Binh Duong AvenueThu Dau Mot City has now 28 banking branches, 4 credit funds with many modern, useful services. According to statistic of the first 6 months, the entire banking system within the city have a total outstanding loan of over VND9,000bln, annual growth rate of over 23%. Presence and operation of local banks are increasing, especially, most of banks emerge on Binh Duong Avenue, which is a blood line route connect Binh Duong with other provinces, and is favourable for trade, development of commercial services.Passing Binh Duong Avenue through the center of Thu Dau Mot City, it is easily to see that many banking offices are in close proximity to one another. Branches of Dong A, MHB, ACB, Oceanbank, PG Bank, Techcombank, Agribank, BIDVBank, Maritimebank, SHB, Eximbank, Vietinbank, Vietcombank etc. are present on this street.Mr. Nguyen Thanh Minh, Chief of Thu Dau Mot City People’s Committee secretariat, said: “Recently, there are many banks their branch offices in Thu Dau Mot City, especially, on Binh Duong Avenue. Emergence of banks has addressed capital for businesses and people. The decrease of interest rate facilitates transactions with individuals, enterprises”.Deputy Head of Maritimebank – Binh Duong branch Ms. Nguyen Thi Le Quyen said: “With the presencein Binh Duong, Maritimebank wants to assist enterprises and individuals in business, creating trust from customers”.The aggregation of banks on this route contributes to economic development, simultaneously stimulate services, big shopping centers like Metro, Big C, Becamex Tower, hotels to be born and enhance. Binh Duong Avenue thus becomes a bustling, prosperous street. Mr. Nguyen Van Duc, Director of Nguyen Lam Computer located on this street, said: “Appearance of banks satisfies the need of doing business and facilitates service development, promoting local economy”.Together with rapid development of an industrial province, banking sector attends timely to Thu Dau Mot’s economy. In addition to pottery, Tuong Binh Hiep lacquer paintings, Lai Thieu orchard, and a strong economy, visitors, investors coming to Binh Duong province will also be introduced to the “banking street” on Binh Duong Avenue through Thu Dau Mot City.Reported by P. An – Translated by Ngoc Huynh