Lending to IPs climbs

07-Jan-2007 Intellasia | 8-MAR-2002 Econet Page 1 | 2:03 PM Print This Post

HCM City-based banks’ outstanding loans to local Industrial Parks and Export-Processing Zones posted 2.030 trillion dong by the end of March, up by 67% over the year-earlier period.

HCM City branch of the Bank for Investment & Development of Vietnam’s (Bidv) outstanding loans recorded 312 billion dong, Vietcombank’s branches in HCM City branch and Tan Thuan IP 255 billion dong.

Prominent lending is also noted at foreign banks. Taiwan ICBC has 299 billion dong in outstanding credit to IPs and EPZs, Tokyo Mitsubishi bank 236 billion dong and Credit Agricole Indosuez 268 billion dong.

 


Category: Finance

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