Banking system achieves credit growth of 1.31%

30/05/2014 12:05

The banking system posted a credit growth rate of 1.31% over the past five months, doubling the 0.62% rate recorded on April 22, 2014.

The information was released at a regular press conference held by the State Bank of Viet Nam on May 28.

Total payment methods and capital mobilization saw respective rises of 5.28% and 4.2% from the end of 2013.

Loans reserved for rural development and agriculture were estimated at VND685,426 billion, up 2%. 

During the first quarter of this year, loans for the supporting industry and the high-tech sector amounted to VND96, 424 billion and VND176,052 billion, up 0.92% and 5.9%, respectively.

Credits to Small and Medium-sized Enterprises and exports saw increases of 0.34% and 5.9%, obtaining VND873,268 billion and VND176,052 billion, respectively.

With more than 8.6 million of customers, total credits given to poor households and social policy beneficiaries reached VND125,165 billion, up 2.8%./.

Source: chinhphu.vn



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