The "big 4" banking group in Hai Duong reached the threshold of mobilizing 680 billion VND on the first day of spring.

According to a survey by Hai Duong Newspaper reporters at the branches of the "big 4" group in Hai Duong, including Agribank (Hai Duong province branch, Hai Duong II), BIDV (Hai Duong branch, Thanh Dong, Bac Hai Duong), Vietcombank (Hai Duong branch, Chi Linh), VietinBank (Hai Duong branch, Dong Hai Duong, industrial park), the amount of deposits alone on the morning of February 15 reached 450 billion VND. On the first working day of the new year of Giap Thin 2024, it is estimated that the "big 4" group in Hai Duong reached the mobilization threshold of 680 billion VND, more than 10 times higher than the average of the days before Tet.

Most of the deposits are from individual customers, mainly concentrated in terms of over 12 months. Currently, the savings interest rate at state-owned banks is around 3%/year for 6-month and 9-month terms, and 4.6%/year for 12-month terms. Joint-stock commercial banks have higher interest rates of 0.6-1.5%/year for many terms.

In contrast to mobilization, on February 15, the amount of credit disbursed by banks was not high because most people and businesses had the mentality of avoiding borrowing capital at the beginning of the year if not really necessary.

According to a quick report from banks, Agribank Hai Duong branch had the largest outstanding credit balance on the first day after Tet holiday, estimated at VND80 billion, mainly outstanding short-term loans for production, business and consumption.

The lending interest rate of banks for short-term loans is currently at a minimum of 5%/year; medium and long-term loans are at 8.5%/year, some banks have preferential credit packages with an interest rate of 6%/year in the first 2 years.