Loan balance of banking system nears VND 300,000 billion

The Binh Duong Branch State Bank of Vietnam informed that as of August 30, the total mobilized capital in the area was estimated at VND 280,270 billion. In which, deposits from economic organizations reached VND 143,415 billion, accounting for 51.2% of total mobilized capital; deposits from residents was estimated at VND 132,989 billion, accounting for 47.5% of total mobilized capital. Mobilization from promissory notes, bonds and valuable papers reached VND 3,866 billion, accounting for 1.3% of total mobilized capital, increasing by 8.4% compared to the beginning of the year. Total outstanding loans reached VND 299,384 billion, of which short-term loans reached VND 165,018 billion, accounting for 55.1% of total outstanding loans; balance of medium and long-term loans reached VND 134,366 billion, accounting for 44.9 % total loans.

Reported by Duy Khang – Translated by Vi Bao