Total mobilized capital of credit institutions continues increasing

In 2021, province-based credit institutions ‘capital mobilization maintained growth in line with the situation of capital use. Accordingly, they mobilized with a total capital estimated at more than VND263.37trillion, an increase of 12.28% compared to 2020. Of these, deposits of economic organizations were estimated at more than VND 141trillion, accounting for 54.22% of total mobilized capital, up 17.55% while deposits from people and capital mobilized from promissory notes and bonds were estimated at more than VND119.1 trillion and more than VND 3.1 trillion, accounting for 45.78% and 21% of total mobilized capital, up 6.85% and up 3.61%, respectively.

According to the State Bank of Vietnam’s, Binh Duong branch, in 2021, province-based credit institutions actively implemented capital mobilization solutions in order to absorb idle capital from organizations and individuals at the maximum level.

Reported by Thanh Hong-Translated by Kim Tin

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