(BGO) – In the first six months of this year, the commercial banks in Bac Giang province mobilized total capital of 94.3 trillion VND (4 billion USD) from the organizations, businesses and individuals, up over 8.7 trillion VND against the figure in December 31, 2022.
Some bank with huge capital mobilization included Bac Giang branch 2 of Vietnam Bank for Agriculture and Rural Development, Bac Giang provincial branch of Vietnam Bank for Agriculture and Rural Development, Bac Giang branch of Vietnam Joint Stock Commercial Bank for Industry and Trade among others.
Customers deposit money at Bac Giang branch of the Joint Stock Commercial Bank for Investment and Development of Vietnam.
Recently, the commercial banks have maintained high mobilized interest rate, helping attract many individual and organization depositors. Some tend to convert demand deposits to term deposits for higher interest. Particularly though the deposit interest rate decreased in the past two months, some banks still keep high rates in some terms to attract customers.
Bac Giang branch 2 of Vietnam Bank for Agriculture and Rural Development offers deposit interest rate of 7.7 percent per year for organizations and individuals depositing at least one billion VND (increase over 2 percent per year compared to the usual interest rate).
Meanwhile, Bac Giang branch of Joint Stock Commercial Bank for Industry and Trade of Vietnam adjusts to increase the interest rate of online saving deposits.
The increased deposit mobilization has helped many customers get loans in time to recover and expand production and business, increase revenue, create jobs for workers.
By the end of June this year, the total outstanding loans of commercial banks in the province reached 83.5 trillion VND, up nearly 3.5 percent over the figure at the end of last year.