Total loan balance for policy beneficiaries reach 6.86 trillion VND

In February, the system of credit institutions in Son La province remained stable, with the total cash inflow through bank funds estimated at 13 trillion VND (509.7 million USD), an increase of 23.95% compared to the same period last year.

Total outstanding credit was projected at 47.7 trillion VND, up 15.64% year-on-year, with short-term outstanding debt reaching 21.7 trillion VND, up 24.01%; and medium- and long-term outstanding debt 26 trillion VND, up 9.47%. Of the total, loans for policy beneficiaries reached 6.86 trillion VND.

Additionally, total capital mobilisation in the locality was estimated at 39.1 trillion VND, a rise of 24.65% from the same period last year, including savings deposits of 28.08 trillion VND, up 22.49%, and corporate deposits of 11 trillion VND, up 30.44%.

An employee of Saigon-Hanoi Commercial Joint Stock Bank (SHB)’s Son La branch assists a customer in completing transactions.

 

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