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Banking & Finance

HCMC banking figures released

Released at: 11:19, 29/10/2015

HCMC banking figures released

Figures for year so far shows healthy increases in mobilized capital and deposits.

by Hung Nguyen

The Ho Chi Minh City General Statistics Office has released year-to-date banking figures for the southern city.

Total capital mobilized as at early October was VND1,491.60 trillion ($66.83 billion), an increase of 2.8 per cent compared to August and or 19.4 per cent higher year-on-year.

Capital mobilization at commercial banks accounted for 54.4 per cent of the total, an increase of 16.5 per cent against the same period last year.

Capital mobilized in foreign currencies account for 16 per cent, 18.7 per cent higher year-on-year, while VND accounted for 84 per cent, an increase of 18.7 per cent. Deposits accounted for 53.5 per cent, an increase of 15.4 per cent against the same period last year.

Total outstanding credit in the city for the year to early September reached VND1,157.30 trillion ($51.85 billion), an increase of 8.4 per cent since December 2014 and 14.6 per cent higher than in the same period last year.

Total outstanding credit at commercial banks reached VND644.40 trillion ($28.87 billion), accounting for 55.7 per cent of the total, an increase of 15.2 per cent year-on-year.

Outstanding credit in foreign currencies reached VND149.1 trillion ($6.68 billion), accounting for 12.9 per cent of the total, 11.6 per cent less than in the same period last year, while credit in VND totaled VND1,008.10 trillion ($45.14 billion), accounting for 87.1 per cent of the total, an increase of 19.8 per cent against the same period last year.

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