Total outstanding loans of credit institutions in Ho Chi Minh City were estimated at VND4.9 quadrillion ($186 billion) by the end of October this year, up 9.79% compared to the end of 2024 and 0.66% against the end of last month, according to the State Bank of Vietnam (SBV) – Region 2.
Credit growth mainly focused on economic growth drivers as well as businesses and production sectors.
Loans for small- and medium-sized enterprises reached around VND2.23 quadrillion ($84.7 billion), the agriculture and rural sector VND440 trillion ($16.7 billion), exports VND144 trillion ($5.47 billion), supporting industry VND102 trillion ($3.87 billion), and high-tech enterprises VND5.3 trillion ($201 million).
A highlight of the year is the Bank–Enterprise Connection Program, which continues to serve as a vital link between banks and the business community. As of October, disbursement reached over VND739.9 trillion ($28.1 billion) for 184,111 customers.
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