Nghe An: Bank credit balance grows well
(Baonghean.vn) - Banks are stepping up capital mobilization to meet the needs of the economy in the last months of the year. Many banks encourage online transactions by offering interest rates, value-added services, and gifts to depositors... Accordingly, outstanding credit has also grown quite well.
According to the State Bank of Vietnam, Nghe An branch, by August 31, 2022, the totalcapital mobilizationin Nghe An is estimated at 188,296 billion VND, compared to the beginning of the year, an increase of 12,830 billion VND, equal to 7.3%, higher than the same period in 2021 (6%); compared to the previous month, an increase of 563 billion VND, equal to 0.3%.
As of August 31, 2022, the total outstanding debt is estimated at VND 250,097 billion (excluding the Development Bank), an increase of VND 21,265 billion compared to the beginning of the year, equal to 9.3%, higher than the increase in the same period in 2021 (3%); compared to the previous month, an increase of VND 748 billion, equal to 0.3%. Of which, medium and long-term outstanding debt accounts for 41% of total outstanding debt.
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| Capital mobilization activities grew well to meet the needs of the economy in the last months of the year. In the photo: Cashier at Vietinbank Vinh city. Photo: Thu Huyen |
Outstanding balance of some credit programs estimated as of date31/8/2022:
+ Outstanding loans for the agricultural and rural sectors and rural areas in the whole area reached 118,787 billion VND, up 4.6% compared to the beginning of the year, accounting for 45% of outstanding loans in the whole area.
+ Outstanding loans for high-tech agricultural development and clean agriculture according to Resolution 30/NQ-CP reached 20,313 billion VND, accounting for 8% of total outstanding loans in the whole area.
+ Outstanding export loans are estimated at VND 2,780 billion, up 5.7% compared to the beginning of the year.
+ Outstanding loans for housing support under Resolution 02/NQ-CP dated January 7, 2013 of the Government are 157 billion VND.
+ Outstanding loan for shipbuilding according to Decree 67/2014/ND-CP is 202 billion VND.
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Trong Phuc Garment Company Limited, Dien Chau, borrows preferential credit policy for businesses affected by Covid to develop production. Photo: Thu Huyen |
Currently, Nghe An is implementing2% interest support programfor enterprises, cooperatives, and business households according to Decree 31/2022/ND-CP and Circular 03/2022/TT-NHNN. This is considered the largest-ever program to support 2%/year interest rate from the state budget, implemented through the commercial banking system.
As of August 31, 2022, the total outstanding balance of the 2% interest rate support program in the whole area is about 60 billion; The amount of interest rate support is about 60 million VND (because most of it has not yet reached the interest payment date).