According to the Statistics Office, the total outstanding loans in Ho Chi Minh City (HCMC) by early July 2014 reached VND979.9 trillion, up 2.8% from December 2013.
The total outstanding loans by early July rose 2.2% from the previous month, higher than the growth rate in June (-0.1%) and grew 9.5% year-on-year.
Outstanding loans of joint stock commercial banks reached VND544.9 trillion, accounting for 55.6% of total loans, up 12.5% year-on-year.
Outstanding loans in foreign currencies reached VND166 trillion, accounting for 16.9% of total loans, up 3.3% year-on-year. Outstanding loans in VND reached VND813.9 trillion, accounting for 83.1% of total loans, up 10.9% year-on-year.
Medium-and long-term outstanding loans accounted for 46.5%, up 14.5% year-on-year. Short-term outstanding loans accounted for 53.5%, up 5.6% year-on-year.
By early July, total mobilized capital in the city reached VND1,205.6 billion, up 14.4% year-on-year.
Mobilized capital by joint stock commercial banks accounted for 55.9% total mobilization, up 15.7% year-on-year. Mobilized capital in foreign currencies accounted for 15.4% total mobilization, up 11% year-on-year. Mobilized capital in VND accounted for 84.6% of total mobilization, up 15.0% year-on-year. Savings deposits accounted for 55.6%, up 16.2% year-on-year.
Source StoxPlus