Total outstanding loans of the whole banking system as of May 22, 2013 were estimated to grow by 2.29% from last December, the local newswire Cafef.vn reported, citing data from the central bank’s credit department.
The agency expected total lending to expand by 2.5-3% by the end of this month. [Total credits were down 1.71% in the first four months of 2012.]
The dong-denominated loans climbed 4.57% in Jan-May period while foreign currency ones declined by 8.07% from late 2012.
(Source: Stoxplus)