The credit mainly went into business and production, with 41.9 percent of the outstanding loans pouring into small- and medium-sized enterprises, 7 percent for agriculture and rural sector, and 9.8 percent for export.
Deposits in credit institutions in the capital city rose 5.39 percent in the first six months of this year over the end of last year to touch 1.7 quadrillion VND. The central bank’s Hanoi branch said that the deposits met the capital demand of businesses and other investments, as well as ensured liquidity.
Overdue debts accounted for 2.82 percent of the total outstanding loans. Deposit rates for Vietnamese dong were around 4.5 percent to 5.5 percent per year for a term of six to 12 months and 6.5 percent to 7.8 percent for more than 12-month term.
Lending rates were at 6 percent to 7 percent for short-term loans and 9 percent to 10 percent for medium- and long-term loans. The foreign exchange rates were also stable in the first half of this year, according to the central bank’s Hanoi branch.
