The amount of bank capital for real estate to reach 192,000 billion, up 4.54% compared to last year, half the growth rate of total outstanding credit sector.
Hanoi real estate virtual fever, prices in many areas. Photo:Huang
According to the State Bank, at the end of May, outstanding growth of the whole system over 8%, while the yearly target of 25%.
Non-credit private sector production accounts for 17-18% of total outstanding loans. In particular, outstanding real estate reached 192,000 billion, up 4.54% over the year. The amount of loan business investment securities 14,000 billion, up 13.6% over the first year and only half the period 2006-2007, the hot sauce market.
Plate no consumer credit increased compared to the year, keeping 122,000 billion. Meanwhile, the population's deposits in the banking system during this period increased 17%.
Data on the Governor Nguyen Van Giau publication inexchange forVnExpress.net recently, after some comments concern in the context of enterprise business undercapitalized banks are back in favor of channel properties and securities.
According tothe report of the experts on the interdisciplinary development of housing and real estate market has sent Deputy Prime Minister Hoang Trung Hai, in 2009, banks have been pouring 219,000 billion for real estate sector, up 36, 1% compared with 2008. HCM City up 47.3% of outstanding loans, real estate nationwide, accounting for only 16.7% of Hanoi, other regions account for about 36%. Bad debt loan business of real estate of about 4500 billion, accounting for 2% of the outstanding real estate business, bad debts equal to the whole system of bank credit.
Source: Vnexpress