| 10-12-2020 | 15:33:02

Credit funds in the province gain stable growth

 According to State Bank of Vietnam - Binh Duong branch, said that from beginning of this year, performance targets of 10 credit funds in the province have grown steadily. In which, total capital of credit funds is nearly VND1,850 billion, compared to beginning of the year, it increases by 6.54%, charter capital is nearly VND51.9 billion, up by 3.31%. In addition, capital mobilized from the population accounts for a high proportion in the total operating capital, reaching nearly VND1,679 billion (accounting for 90.27% of the total operating capital), up 6.4% compared to beginning of the year.

Currently, in addition to solutions to attract capital at year-end, settlement of member loans, the capital use structure of credit funds is reasonably maintained, to restructure mobilized capital to increase deposit levels from members to ensure control of the deposit in total deposit ratio from 60% or more.

Reported by Thanh Hong - Translated by Ngoc Huynh

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