Total outstanding loans of HCM City banks reach 730tr dong in Feb

Total deposits of HCM City-based banks in the end of February will have estimated to reach 789.7 trillion dong, up 61.8 percent year-on-year, of which 57.2 percent were raised by joint stock banks, the city Statistics Office reported.

Deposits in foreign currencies accounted for 25.8 percent of total deposits, increasing 53.5 percent against the same period of 2010, while those of dong grew 65 percent in which savings and bills of exchange 256 trillion dong, +56.5 percent.

Total outstanding loans of these banks were estimated at 730 trillion dong, a year-on-year increase of 71.5 percent, of which 50.6 percent was lent by joint stock banks. Loans in foreign currencies jumped 79 percent to 198.3 trillion dong, accounting for 27.2 percent of total figure, those in dong gained 69 percent.

The city’s total budgetary revenues in first 2 months were actualised at 32.880 trillion dong, fulfilling 18.5 percent of the full year plan, up 46.7 percent year-on-year. In which, the domestic revenues reached 20.5 trillion dong, revenues from crude oil 2.744 trillion dong and those gained from export import activities 9.5 trillion dong.

Total local budget expenditure in Jan-February was expected at 4.510 trillion dong, up 11.1 percent compared to the first 2 months of 2010.

 

Category: Finance