Lao Cai: Capital mobilized by banks reaches nearly 98,000 billion VND

Currently, capital mobilized by bank branches and people's credit funds meets over 80% of loan demand in the province.

Banks provide capital to promote production and business development.

According to information from the State Bank, Region IV Branch, in the first 9 months of 2025, the total mobilized capital of banks and credit institutions in Lao Cai province reached nearly VND 98,000 billion, an increase of 13.3% (equivalent to an increase of VND 11,470 billion) compared to the end of 2024, an increase of 4.17% over the same period in 2024.

Customers come to transact atSHB Lao Cai Branch.

Outstanding loans of banks and credit institutions in Lao Cai province by the end of September 2025 reached VND 120,500 billion, an increase of VND 1,195 billion (+1.0%) over the previous month, an increase of VND 7,294 billion (+6.4%) over 2024, and the same period in 2024 (+9.33%).

Banks and people's credit funds in Lao Cai province continue to focus on investment. lending for agricultural and rural development, small and medium enterprises, disbursing committed projects, lending to social policy subjects...

Credit capital helps businesses expand production and business scale.

The fact that bank branches and people's credit funds in Lao Cai province proactively exploit local capital sources not only reduces dependence on capital sources from headquarters but also takes the initiative in credit sources and appropriate interest rate packages to serve people and businesses in borrowing to invest in production and business development, contributing to the economic growth of the province.

Source: https://baolaocai.vn/lao-cai-nguon-von-cac-ngan-hang-huy-dong-dat-gan-98000-ty-dong-post883625.html