What do you see from the growth of banking industry indicators?

In the first months of 2025, state-owned banks such as Agribank Ha Tinh Branch, Agribank Ha Tinh II Branch, BIDV Ha Tinh... continued to design and implement savings programs with a series of valuable prizes such as cars, motorbikes, electronic devices... to mobilize capital.

Meanwhile, the joint stock commercial bank block in Ha Tinh "retains" customers by applying more attractive deposit interest rates than the "big guys" along with practical gifts.

Bank savings are still a mass investment channel.

It is noted that although deposit interest rates are at the "bottom" compared to recent years, deposits from residents at credit institutions in the area are still growing quite well at this time. According to data from the State Bank of Region 8, it is estimated that by June 30, 2025, the total mobilized capital of the Ha Tinh banking sector will reach about 118,850 billion VND, an increase of about 9.4% over the same period in 2024. Of which, savings deposits from residents will reach 88,544 billion VND, an increase of 10.3% over the same period in 2024. The increased mobilized capital creates an important resource for credit institutions to bring capital to the economy , accompanying key projects and works.

In practice, savings are still the investment channel for the masses, preferred by people due to their high safety. Investment channels such as real estate, stocks, bonds, etc. have only attracted a portion of people to invest. Not to mention that although these investment channels have recently shown signs of positive recovery, they still carry many risks.

Ms. Le Thi Nhung (Tran Phu Ward, Ha Tinh City) shared: “We still prioritize choosing the savings channel to ensure safety and high liquidity. The real estate market has recently “warmed up” but still has many potential risks. Moreover, real estate prices are currently high, we are also cautious when “putting money down” and do not have enough resources to invest. Meanwhile, the recent unusual fluctuations in gold prices, military wars, and “escalating” trade conflicts continue to impact this precious metal, so we are also hesitant to invest.”

It is estimated that by June 30, 2025, the total mobilized capital of Ha Tinh Banking industry will reach about 118,850 billion VND.

According to economic experts, investment channels such as bonds and stocks are currently showing bright spots, but only knowledgeable people decide to invest. Therefore, in the short or long term, people still prioritize saving at banks.

In the first half of 2025, monetary policy will be flexibly and reasonably managed to contribute to controlling inflation, stabilizing the monetary market, and ensuring the safety of the banking system. The State Bank of Vietnam (SBV) will continue to direct credit institutions to increase credit growth safely and effectively, focusing on production and business sectors and priority sectors according to the Government's policy; and strictly control credit in potentially risky sectors.

Implementing the direction of the Government and the State Bank, commercial banks continue to balance and calculate resources, reduce lending interest rates and maintain stable interest rates for a long time to support the economy. This is the driving force for the business community, cooperatives and people to boldly access preferential credit programs to serve production and business. In the consumer segment, credit also recorded quite good growth stemming from people's demand for shopping and using services.

BIDV Ha Tinh staff instruct customers to pay loans via digital banking.

Mr. Tran Phu Vinh - Head of Planning and Finance Department (BIDV Ha Tinh) said: Starting from the second quarter of 2025 until now, strong credit growth shows a clear recovery of the economy. In particular, the business community has boosted production and business, reaching the target in the first half of 2025, creating room for debt growth. BIDV Ha Tinh is currently applying many preferential credit programs such as: short-term credit package for corporate customers in 2025 with a scale of 450,000 billion VND with interest rates from only 4%/year; medium and long-term loan package with a scale of 75,000 billion VND; supply chain financing credit package for corporate customers in 2025 with a scale of 15,000 billion VND; VND loan package for corporate customers paying salaries through BIDV with preferential interest rates with a scale of 8,000 billion VND...

In the consumer credit sector, BIDV is attracting attention with a home loan package of VND40,000 billion specifically for young people under 35 years old with a fixed interest rate of 5.5% for the first 3 years, no principal repayment for the first 5 years, and a maximum loan term of 40 years. In addition, for investors implementing commercial real estate projects for young people, BIDV applies a preferential fixed loan interest rate of 6%/year for 2 years... With many areas to be exploited, the branch's total outstanding debt currently reaches VND8,500 billion, up 10% compared to the beginning of the year.

Mr. Dang The Vinh - Deputy Director of Thao Nguyen Joint Stock Company (Ha Tinh City) shared: "As a construction enterprise, in recent times, we have accelerated the progress of projects, ensuring the disbursement of public investment capital according to the direction of the Government and the Provincial People's Committee. The enterprise has accessed preferential loans from banks and has been guaranteed by banks to have enough resources to implement projects".

Enterprises accelerate production and business to create room for credit growth.

According to data from the State Bank of Region 8, the total outstanding debt of the Ha Tinh banking sector is estimated to reach VND 119,800 billion by June 30, 2025, an increase of about 10% over the same period in 2024. This result reflects the strong recovery and capital absorption capacity of the economy after the impacts of the global economic recession.

The State Bank of Vietnam Region 8 will continue to direct local credit institutions to reduce costs and interest rates; increase access to capital for businesses and people; deploy credit packages to meet the capital needs for production and business, serving the needs of life and consumption; strive to increase credit growth while controlling credit quality. At the same time, continue to reform administration, improve the business environment, increase the credit rating and trust of people and businesses in the mechanisms, policies and operations of the banking sector.

Source: https://baohatinh.vn/thay-gi-tu-viec-tang-truong-cac-chi-tieu-nganh-ngan-hang-post290783.html