Interest Rate-subsidised Loans Mount to VND372 Trillion

The State Bank of Vietnam (SBV) said the disbursement amount of the interest rate subsidy program of the whole banking industry by July 2, 2009 reached around VND372,272.09 billion, an increase of VND15,206.32 billion, or 4.25 per cent, in comparison with the previous week.

 

Particularly, State-owned commercial banks and the Central Peoples Credit Fund lent VND265,800.68 billion, an increase of VND11,234.81 billion, or 4.41 per cent, in comparison with the previous week; commercial joint stock banks disbursed VND85,429.82 billion (a rise of VND2,929.2 billion, or 3.55 per cent); foreign-led banks allocated VND17,419.57 billion (an increase by VND162.92 billion, or 0.94 per cent); and financial companies lent VND3,622.03 billion (an increase by VND879.04 billion, or 32.06 per cent).

 

To date, State-owned enterprises borrowed VND57,590.49 billion, a rise of VND2,352.38 billion, or 4.25 per cent, in comparison with the previous week; non-state owned enterprises (including liability limited companies, joint-stock companies, private enterprises, foreign invested companies…) received VND246,071.85 billion (an increase of VND9,158.56 billion, or 3.86 per cent); households, individuals and others got VND68,609.75 billion from the programme.