Vietnam Banks Make Soft Loans of VND347.282T Since Early Feb

Banks and financial companies in Vietnam added VND8.851 trillion to the economy in the week ending Jun 18, raising the total amount of soft loans to VND347.282 trillion (US$20.428 billion) since early February, the State Bank of Vietnam, the Country's central bank.

 

State-owned banks and people’s funds made soft loans of VND248.738 trillion, up 2.13 per cent from a week earlier, commercial joint stock banks lent VND79.206 trillion, up 4.35 per cent, joint venture and foreign banks loaned VND16.791 trillion, up 3.09 per cent and financial companies lent VND2.546 trillion, down 6.1 per cent.

 

Banks and financial companies lent VND53.724 trillion to state-owned companies, up 2.61 per cent from a week earlier, loaned VND230.421 trillion to foreign-, private-invested firms, up 2.61 per cent, lent VND2.604 trillion to cooperatives, up 2.61 per cent and loaned VND59.42 trillion to households and individuals. (SBV)