Thai Nguyen: Outstanding credit increased by 24.4%

In the first 6 months of this year, banking activities in Thai Nguyen province recorded many positive changes, in particular, credit growth reached the highest level in the past 5 years, contributing to promoting socio-economic development.

At the end of the first six months of the year, outstanding credit in the province reached approximately 148,000 billion VND, an increase of 24.4% compared to the same period last year.

Following the directives of the State Bank of Vietnam, Region V, credit institutions in the area have simultaneously adjusted and reduced deposit interest rates, while also implementing many preferential loan packages, focusing on consumer spending, social housing for low-income earners, and policy beneficiaries. Interest rates continue to trend downwards, with the average lending rate for new transactions decreasing by approximately 0.4% per year compared to the same period in 2024.

In terms of credit operations, as of June 30, 2025, the total mobilized capital in the province reached over 145,200 billion VND, an increase of 15% compared to the same period; outstanding credit reached approximately 148,000 billion VND, an increase of 24.4% compared to the same period.

Stable and effective credit activities not only support businesses in recovering production, but also make a significant contribution to social security stability and boost domestic consumption.

Source: https://baothainguyen.vn/thoi-su-thai-nguyen/202507/thai-nguyen-du-no-tin-dung-tang-244-8810d18/