Total outstanding debt in the whole province reached about VND43.7 trillion, down 1.97% year-on-year.

In October, credit institutions in Son La province strictly followed the regulations and directions of the State Bank of Vietnam on interest rates, applying reasonable lending interest rates based on deposit interest rates and loan risk levels to share difficulties with customers and ensure their financial safety.

Thanks to that, the local currency market was stable, with no unusual developments, and no violations in interest rates and fee collection. The average interest rates for deposits and loans across the system decreased slightly compared to the end of 2022.