Outstanding credit balance in Ho Chi Minh City reaches over 4.9 million billion VND

Total outstanding credit of credit institutions in Ho Chi Minh City has grown well, in which small and medium enterprises have outstanding loans of more than 2.2 million billion VND.

On October 26, the State Bank of Vietnam (SBV) Region 2 said that as of the end of October, the total outstanding credit balance of credit institutions in Ho Chi Minh City was estimated at more than VND 4.9 million billion, an increase of nearly 9.8% over the same period in 2024.

Accordingly, outstanding loans in VND are estimated at over VND 4.7 million billion, accounting for 96%, up nearly 10.3% compared to the end of last year. Outstanding loans in foreign currencies are estimated at over VND 195,300 billion, accounting for 4%, down nearly 1% compared to the end of last year.

Of the total outstanding debt of more than 4.9 million billion VND, more than 2.3 million billion VND is short-term credit outstanding debt, accounting for nearly 48% and nearly 2.6 million billion VND is medium and long-term credit outstanding debt, accounting for more than 52%.

Outstanding credit balance in Ho Chi Minh City reached more than 4.9 million billion VND. (Photo: BL)

The representative of the State Bank assessed that outstanding credit in Ho Chi Minh City in the first months of the year maintained growth, up 7.33% compared to the end of 2024. In particular, short-term, medium- and long-term credit maintained positive growth compared to the end of the year. VND credit accounted for the majority.

“It is estimated that by October 31, 2025, outstanding credit in Ho Chi Minh City will continue to grow, up 9.79% compared to the end of 2024. In particular, all term credit segments will maintain growth. Ho Chi Minh City's banking sector will continue to provide credit capital for production and business, actively participate in solutions to support businesses, and promote economic growth in the area,” said a representative of the State Bank.

According to the State Bank, many credit programs in Ho Chi Minh City are also being actively implemented.

Specifically, it is estimated that by October 31, outstanding credit for agricultural and rural development will reach VND440,000 billion; export loans will reach VND144,000 billion; loans for supporting industries will reach over VND102,000 billion; loans for high-tech enterprises will reach VND5,300 billion. Outstanding credit for small and medium-sized enterprises will reach over VND2.2 million billion.

By the end of October, the banking sector had disbursed more than VND32,500 billion in the VND150,000 billion credit package to support agricultural and forestry production and processing enterprises in Ho Chi Minh City.

The agricultural and rural lending program under Decree 116/2018 and Decree 55/2015 of the Government also has outstanding debt in Ho Chi Minh City reaching more than VND 467,000 billion with more than 1.75 million customers, down 1.35% compared to 2024.

DAI VIET

Source: https://vtcnews.vn/du-no-tin-dung-tai-tp-hcm-dat-hon-4-9-trieu-ty-dong-ar983266.html