Dong Nai Banking System celebrates 55th founding anniversary of Vietnam State Bank and its 31st founding anniversary

 Participating at the ceremony were Mr. Tran Dinh Thanh, Secretary of provincial Party Committee and chairman of provincial People’s Council; Mr. Vo Van Mot, Deputy Secretary provincial Party Committee and Chairman of provincial People’s Committee and Mr. Le Hong Phuong, Standing Deputy provincial Party Committee.

After the South Liberation Day and National Unification (April 30th 1975), the Dong Nai Bank was taken over and established together with other economic agencies in the province. Through 31 years of development, the Dong Nai Bank has played an important role to the socioeconomic development of Dong Nai province. Up to now, the Dong Nai Bank’s operation network consists of Dong Nai-based State Bank, 6 commercial banks, a social policy bank, 6 non-state owned banks, one central credit fund and 19 local credit funds. In the last five years, the revenue of the banking system in Dong Nai province has gained stable and high grow rate. By the end of 2005, the banking system has mobilized capital of 15, 158 billion VND. The average growth rate of capital mobilization each year is 25%. In 2005, Dong Nai bank has loaned over 27,083 billion VND.

On this occasion, the Dong Nai bank is conferred the emulation Flag granted by the Government to acknowledge its accomplishments and to consider as one of the leading unit in the emulation movement within the banking sector.

(Translated by THKC)