According to the Hanoi Statistics Department, total outstanding loans in July 2014 are estimated at nearly VND927 trillion, up 0.5% over the previous month and down 2% from December 2013.
In which, short-term outstanding loans are estimated to drop 1.3% over the previous month and 8.3% from December 2013; medium-and long-term loans are estimated to rise by 4.1% over the previous month and 12.1% December 2013.
Thus, credit growth in July in Hanoi is much lower than the rate of June. According to the Hanoi Statistics Department, in June 2014, credit in the area increased 2% compared to May.
Total mobilized capital of credit institutions in the area in July 2014 is estimated at nearly VND1.14 trillion, up 2.7% over the previous month and 8.9% from December 2013.
In which, deposits are estimated to rise 3.1% over the previous month and 7.6% compared December 2013. Savings are estimated to increase 0.7% from the previous month and 2.2% from December 2013 while money in current accounts is estimated to rise by 4.9% and 11.6% respectively. Issuance of valuable papers is estimated to drop 5.5% compared to the previous month and surge 48.2% compared to December 2013.
Source StoxPlus