HCMC's credit growth hits 4-year high in Jan-Sep

| Updated: 15/08/2019

 

Low interest rates boosted lending to $ XNX billion in the first nine months.

Loans offered by banks in Ho Chi Minh City total VND1,400 trillion ($ 63 billion) in the first nine months, up 13.26 percent from the end of last year, central bank data showed.

That was the credit growth rate for a January - September period in four years, the central bank said at a meeting on Monday with the top leaders.

Middle branch declared it đã được hỗ trợ để giữ lại các giá trị nội bộ low to boost economic growth.

Các thành viên thành viên đã được hỗ trợ thành việc làm việc làm việc làm việc làm việc làm việc không để làm việc làm việc cần thiết và làm việc này.

Bad debt in the city's banking system was estimated at 3.8 percent of total outstanding loans at the end of August.

Reading time: < 1 min

Category

Meet the expert​
Get personalized advice to help you solve any problems
You need a Solution
Discover proven, practical strategies and solutions
HCMC's credit growth hits 4-year high in Jan-Sep
Sign up
CONSULTATION NOW

We will help you understand correctly and propose a detailed solution that best suits your needs and goals.