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Credit growth in Hà Nội rises 15.6%

Update: November, 24/2016 - 17:00
Outstanding loans of Hà Nội-credit institutions are estimated to touch VNĐ1.43 trillion (US$63.27 million) by the end of November. - Photo vaytieudung.biz
Viet Nam News

HÀ NỘI – Outstanding loans of Hà Nội-credit institutions are estimated to touch VNĐ1.43 trillion (US$63.27 million) by the end of November, up 15.6 per cent since last December, reveals the latest report by Hà Nội Statistics Office.

Compared with last month, the loans rose 2.2 per cent.

Of the total, short-term loans rose 12 per cent, while medium- and long-term loans surged by 20.4 per cent.

Despite a decreasing deposit interest rate, by the end of November, the city’s credit institutions are estimated to have mobilised a total capital of VNĐ1.64 trillion, up 11.2 per cent against last December.

The Hà Nội Statistics Office also reported that the capital city’s export turnover in November is estimated to reach $901 million, up 15.5 per cent against the same period last year. The city’s total export turnover in the past 11 months rose 12 per cent year-on-year to $9.685 billion.

In November, the capital spent $2.258 billion on imports, bringing the total import value in the past 11 months to $22.281 billion, down 4.6 per cent against the same period last year.

Hà Nội’s trade deficit in the past 11 months stood at $12.596 billion, the report noted. - VNS

  

 

 

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