The outstanding loans for import and export increased by more than 6%

​

Cash counting activities at a commercial bank in Bien Hoa City.

According to the State Bank of Vietnam, at Dong Nai branch, by the end of March 2022, outstanding loans for import and export of credit institutions in the province were estimated at more than VND41 trillion with an increase of over 6.2 % compared to the end of 2021 and accounted for nearly 14% of the total outstanding loans in the area. In which, export loans are estimated at more than VND23.1 trillion, which is up more than 8% compared to the end of last year.

Previously, in 2021, there were many times that import and export lending which were slowed down due to the impacts of the Covid-19 pandemic, the production and export activities of many businesses in the province were affected. In addition, from the beginning of 2022 until now, the turnover of payment for export goods through credit institutions in the province has also increased quite high compared to the end of 2021.

Phan Anh