Banking sector continues to expand credit, promoting local economic growth at year-end

Implementing the 2025 monetary policy tasks according to Directive No. 01 of the State Bank of Vietnam (SBV) and the local socio-economic development plan, banking activities in Ho Chi Minh City and Dong Nai province in the last two months of the year focused on synchronously implementing solutions to support businesses, promote production and business and contribute to economic growth.

The primary focus is to continue to expand and effectively increase credit in conjunction with local socio -economic development programs. Credit institutions (CIs) proactively respond to capital needs for production, business, trade, services and tourism, especially the production of essential goods for consumption and export at the end of the year and during the traditional Lunar New Year.

The basis for implementing this solution is the positive growth of mobilized capital. By the end of September 2025, the total mobilized capital in Ho Chi Minh City and Dong Nai province reached over VND 5.4 million billion, an increase of 8.6% compared to the end of 2024. This growth rate contributes to ensuring abundant credit capital, supporting credit growth according to the direction of the State Bank and the goal of promoting the economy in the area.

Along with promoting credit, banks focus on best meeting the banking service needs of businesses and people at the end of the year with the requirements of efficiency, safety, security and promptness; ensuring convenient and convenient payments, contributing to ensuring smooth circulation of goods and money at the end of the year.

In fact, the source of payment deposits at credit institutions in the area in the first 9 months of the year increased by more than 9%, reflecting the effectiveness of non-cash payment activities and the quality of payment services through banks. This not only contributes to promoting economic growth but also improves the efficiency of capital use. In addition, it is necessary to continue to do well in non-cash payment services, well implement the solutions of the State Bank on developing digital banking services and information and communication work.

Another important focus is supporting businesses through bank-business connection activities and implementing preferential credit programs well. Banks continue to expand lending to stabilize the market, disburse credit packages for forestry and aquatic products, etc., contributing to supporting the production and consumption chain of goods for Tet and year-end exports.

These are solutions directly related to capital mobilization; lending and payment activities. The effective implementation of these solutions, combined with programs connecting business banks, communications; administrative reform; lending for market stabilization and lending to industrial parks and export processing zones, etc., will create a positive spillover effect. Thereby, the banking industry in Ho Chi Minh City and Dong Nai will not only expand and grow credit effectively, but also best meet the capital and banking service needs of enterprises, business households and cooperatives in the last two months of the year, contributing to promoting local economic growth and achieving the goals and plans set for 2025.

Source: https://thoibaonganhang.vn/nganh-ngan-hang-tiep-tuc-mo-rong-tin-dung-thuc-day-tang-truong-kinh-te-dia-phuong-cuoi-nam-172875.html