VND400,000 billion in credit balance for Mekong Delta

Tuesday, 19 July 2016

As of June 31 this year, the Mekong Delta region had the total credit balance of nearly VND398,000 billion, a year-on-year increase of 3.39% and accounting for 8.2% of the whole economy’s credit balance.

The region’s credit balance for rural and agricultural development saw a yea-on-year increase of 10.1% and made up nearly 22% of the nation’s total credit balance for the sector.

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At present, more than two million customers are getting access to loans of credit programs with the credit balance of nearly VND26,000 billion, up 2.87%.

Credit organizations in the provinces of the Mekong Delta have mobilized VND350,000 billion, up 9.9% compared to the end of 2015.

Deputy Governor of the State Bank of Viet Nam Dao Minh Tu affirmed determination of the banking system and localities in launching credit policies to promote the regional socio-economic development.

Commercial banks and businesses on July 12 inked credit agreements to invest in 73 socio-economic development projects, worth VND28,500 billion./.

Van Hai (Source: VGP)

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