Province’s total mobilized capital reaches over VND117.77trillion

The total mobilized capital of province-based credit institutions, as of Jan.31, 2016, gained over VND117.77trillion, up 18.5% compared to the corresponding period of last year and 1.9% compared to the previous month.

Of these, over VND46.9trillion came from economic organizations’deposits or 39.8% of total and over VND69.63trillion from people’depostits or 59.1% of total.

Meanwhile, the total outstanding loans of province-based credit institutions reached over VND98.04trillion, up 25.1% against the same period of last year.

Of the total figure, short-term outstanding loans were over VND58.46trillion and medium- and long-term outstanding loans got VND39.58trillion. Overdue debts were VND956bln, 2.4 times lower than the same period of last year.

Province-based credit institutions also focused on well dealing with bad debts.

Reported by Xuan Vi-Translated by K.T