Topic: idle money

Data from the State Bank of Vietnam (SBV) shows that after eight consecutive quarters of growth, individual deposits to banks had declined as of the end of June. Experts cite two reasons: the amount of idle funds held by businesses and individuals no longer being so abundant, and credit sources becoming limited as banks have hit their lending limits.

While the idle funds of the population going to banks continues to increase sharply, deposits by economic organizations are showing signs of falling. According to analysts, the decline in deposits by the latter is a good thing, proving that the economy is actually recovering. Money is again returning to the economy through production and business activities and not stagnating at banks.