The State Financial institution of Vietnam has simply launched the newest knowledge on the expansion of whole technique of fee and buyer deposits on the system of credit score establishments.
Accordingly, by the tip of June 2021, the whole technique of fee reached greater than 12.6 million billion VND, a rise of 4.43% in comparison with the tip of 2020.
Through which, the whole deposit dimension of financial organizations is greater than 5.1 million billion VND, a rise of 4.78% in comparison with the tip of 2020, barely greater than the common development fee of 4.48% within the earlier 12 months. the primary 6 months of yearly within the statistical interval from 2012 to current.
Notably, the deposit knowledge of residents confirmed that, by the tip of June 2021, the deposit dimension of the inhabitants at credit score establishments was at almost 5.three million billion VND, a rise of solely 2.94% in comparison with the tip of the 12 months. 2020.
That is the bottom development fee over the identical interval within the historical past of printed statistical knowledge and far decrease than the common development fee of 10.14% on the finish of June within the interval from 2012 to current.
Beforehand, deposit development of residents was as excessive as 17.18% in 2012 or 15.91% in 2013 when deposit rates of interest have been nonetheless engaging at 9-12%/12 months. Nevertheless, beginning in 2016, deposit development on this space started to “reverse” and particularly fell sharply up to now 2 years.
The context of this growth is noticeable, the expansion in residential deposits is at a file low set within the context of the COVID-19 pandemic that has lasted for almost 2 years, which has been having a fantastic impression on all features. economic system, whereas strongly affecting individuals’s revenue.
Apart from, deposit rates of interest are at a file low degree which can be an vital issue that makes deposit at banks much less engaging. In the meantime, the growth of different funding channels akin to securities is sucking a considerable amount of idle cash from residents.
The info launched by the Depository Middle exhibits that in June, home particular person buyers opened 140,054 new accounts. This can be a new historic excessive.
Usually, within the first 6 months of this 12 months, home particular person buyers opened almost 620 thousand new accounts, a rise of 58% in comparison with the variety of the entire 12 months of 2020 – the 12 months the market set a historic file for the variety of particular person accounts. new.