Africazine:
Capital mobilization in Ho Chi Minh City and Dong Nai Province shows a slight decline amid changing financial dynamics.
In the first two months of the year, capital mobilization in Region 2 reached VND5.731 quadrillion. Ho Chi Minh City contributed VND5.244 quadrillion, while Dong Nai accounted for VND487 trillion. This represents a decrease of 0.26 percent, primarily due to a 4.2 percent drop in corporate payment deposits.
Household Savings Provide Stability in Capital Mobilization
Despite the overall decline in capital mobilization, household savings increased by 2.63 percent. This growth now represents about 40 percent of the total mobilized capital in the region’s credit institutions. The rise in household deposits is attributed to the effectiveness of electronic banking services and a variety of deposit products available to consumers.
Deputy Director Nguyen Duc Lenh emphasized that this positive trend in household savings serves as a stable foundation for banking capital. It allows credit institutions to utilize funds more effectively, ensuring a more robust financial environment.
Outstanding Loans Show Modest Growth
As of the end of February 2026, total credit outstanding in Ho Chi Minh City and Dong Nai Province reached VND5.853 quadrillion. This figure marks an increase of 0.8 percent compared to the end of 2025. The growth in outstanding loans indicates a gradual recovery in borrowing activity within the region.
Future Outlook for Capital Mobilization and Loans
- Continued monitoring of corporate payment deposits.
- Focus on enhancing electronic banking services.
- Assessment of the impact of household savings on overall capital mobilization.
The financial landscape in Ho Chi Minh City and Dong Nai is evolving, with household savings playing a crucial role.
