(HBO) - According to the provincial branch of the State Bank of Vietnam (SBV), the total capital of banks and credit institutions in Hoa Binh topped 42 trillion VND (1.78 billion USD) as of May 31 this year, an increase of 5.6% from December 31 last year. Of the sum, the money mobilised from economic organisations and individuals approximated 31.4 trillion VND.



Transactions at BIDV Hoa Binh which works to meet demand for loans serving locals’ business and production activities. 

The local debts as of May 31 amounted to over 34.7 trillion VND, an increase of 2% compared to the end of 2022. Short-term and long-term debts, meanwhile, accounted for 44.3% and 55.7% of the total debt, respectively. 

Statistics from the SBV’s provincial branch show that outstanding loans in priority sectors such as agriculture and rural areas; and to support small- and medium-sized enterprises were close to 17.1 trillion VND, and more than 7.64 trillion VND, accounting for 49% and 22% of the total debt. 

Interest rates for deposits with terms of less than one month ranged from 0.1 - 0.5% per year, while those with a term from one to less than six months, from 4.6 - 5.5% per year in commercial banks and from 3.5 to 5.6% per year in people's credit funds./.

 


Related Topics


Signing a cooperation agreement to create a labor source in the province to work abroad for a limited period of time

At HANOI JVC Training Center (Hanoi), the Farmers’s Support Center, the Provincial Farmers' Union and VTC1 International Development joint Stock Company recently held a signing ceremony for a cooperation agreement to link consulting and create the labor resources working abroad for a limited period of time.

Continuously improving the quality of education

In recent years, the education career in Yen Thuy district has changed positively. The school facilities have newly been built and the quality of education has improved.

Action Month for Gender Equality launched in Hoa Binh

The Board for Women's Advancement of Hoa Binh province on November 11 officially launched the Action Month for Gender Equality, focusing on preventing and addressing gender-based violence. As part of the event, a special talk was held on the theme of sharing household work for a happy family. The event drew 300 delegates, including Nguyen Van Toan, Standing Vice Chairman of the provincial People's Committee and head of the provincial Board for Women's Advancement.

Hoa Binh promotes family values, human standards in new era

The people in Hoa Binh province are aware of the need to build and preserve the cultural traditions and unique customs of their communities, especially those related to ethnic identities and family values which serve as foundation for a vibrant, tradition-rich Hoa Binh, enriching community life. In recent years, the province’s Party Committee, authorities, and residents have paid heed to building and developing family values and fostering human standards in the new era.

Festival of great national solidarity, culture held in Da Bac district

The festival of great national solidarity and culture in 2024 was held at the communal house of Da Bac district on November 5. Vice Chairman of the provincial People’s Committee Nguyen Van Toan and leaders of departments and sectors attended the event.

Da Bac district actively responds to patriotic emulation movements

The Labor Federation of Da Bac district has focused on protecting workers' rights while actively participating in patriotic emulation movements to enhance the creativity and productivity of the local workforces across agencies, organisations and enterprises.