Lending grows 3.5% in Ha Noi, 4.8% in HCM City

tohang

Nine-month lending growth is estimated to reach 3.5 per cent in Ha Noi, and 4.8 per cent in HCM City, according to municipal statistics.

Lending has seen modest growth in major cities. — Photo vietstock.vn

HA NOI (Biz Hub) ― Total outstanding loans in Ha Noi were expected to grow 3.5 per cent in the first nine months of this year, reaching about VND675.7 trillion (US$32.18 billion), according to local statistics. Deposits will total around VND978.6 trillion ($46.6 billion), an increase of 9.11 per cent.

In HCM City, lending has risen by 4.82 per cent, reaching over VND897 trillion ($42.7 billion) so far this year. Deposits hit VND1,062 trillion ($50.57 billion), an increase of about 7 per cent. ― VNS

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