Deposits of Ho Chi Minh banks in rise 1.6% in March

Deposits of HCM City-based commercial banks are estimated to have reached 904.9 trillion dong  in March.

This is a 1.6 percent over the previous month and 14.9 percent from the same period last year, according to HCM City Statistics Bureau.

The total deposits of commercial joint stock banks accounted for 58.5 percent of the total deposits, rising 16.1 percent on year.

The total deposits in foreign currency accounted for 23.9 percent, down 5 percent on year while the total deposits in dong made up 76.1 percent of the total deposits, growing 23 percent on year, of which, savings posted an increase of 30.8 percent on year and accounted for 38.3 percent of the total deposits in dong.

The total outstanding loans of HCM City-based credit institutions till the end of March are estimated to have reached 767.3 trillion dong, rising 1.8 percent over the previous month and 4.8 percent from the same period last year.