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Banking & Finance

Hanoi banking figures for October released

Released at: 22:02, 21/10/2015

Hanoi banking figures for October released

Most indicators up against September and end-2014.

by Hung Nguyen

The Hanoi Statistics Office has announced mobilized capital and credit figures for Hanoi in October.

Total capital mobilized by financial institutions during the month was estimated at VND1.39 trillion ($54.89 million), an increase of 2 per cent against September and 17.5 per cent higher than last December.

Deposits accounted for 94.3 per cent of total capital mobilized, an increase of 1.9 per cent compared to the previous month and 15.9 per cent higher than in December 2014. The issuance of valuable papers increased 4.2 per cent month-on-month and was 51.1 per cent higher than in last December.  

Deposits mobilized from Vietnamese accounted for 74.2 per cent.

Total outstanding credit in Hanoi in October is anticipated to reach VND1.16 trillion ($45.80 million), an increase of 1.4 per cent compared to September and up 15 per cent against last December. Outstanding short-term credit rose 3.3 per cent against September and was 9.3 per cent compared with December last year, while outstanding long-term credit fell 1.3 per cent month-on-month but rose 24.9 per cent against December 2014.

 

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