(VOVworld) - Banking assets by the end of 2015 rose 12.35% year-on-year to more than 332 million USD thanks to the improved business performance of most of the credit institutions.

According to a report released by the State Bank of Vietnam, December 2015 saw the highest rise of total assets in the year of the banking system. The assets in December alone surged sharply, accounting for more than 37% of the rise in the whole year. By the end of December, the capital adequacy ratio of the banking system also improved, inching up to 13%, much higher than the 9% rate allowed by the central bank.