Many loan packages with preferential interest rates have come to businesses.

In recent times, Agribank has developed many preferential credit products to support customers and open up capital sources. We would like to introduce to businesses Agribank's solutions in overcoming difficulties and meeting customers' loan needs.

Agribank Binh Thuan branch organized a trade conference "Connecting businesses - Agribank Binh Thuan" in May. The conference is a bridge for businesses and banks to exchange information, improve access to credit capital to serve production and business, thereby increasing the efficiency of businesses' operations, contributing to promoting local socio-economic growth. Thereby, Agribank Binh Thuan hopes that more and more customers will access Agribank's preferential capital to ensure lending activities and support businesses, thereby strengthening the bank-customer relationship, improving access to credit, access to policies and promoting credit growth, contributing to local socio-economic development... Agribank has introduced preferential interest rate loan packages such as the preferential package for small and medium enterprises, cooperatives, and business households of 10,000 billion VND, due December 31, 2024; Large enterprise package of 20,000 billion VND; green sector loan package of 15,000 billion VND, with 6 industries of processing, manufacturing, warehousing, and farms for rent, with medium and long-term loan terms. Besides, there are other packages. Forestry and aquatic product loan package of 8,000 billion VND includes production, processing, and export with medium and long-term loan terms, the package has an additional incentive of 50% reduction in export payment fees. Package for enterprises exporting agricultural, forestry, aquatic products, and logistics of 20,000 billion VND. Social housing loan package of 30,000 billion VND, term until December 30, 2030, customers are construction units and home buyers with medium and long-term terms. Loans for early repayment (debt repurchase) at other credit institutions. Investment project package for implementing industrial clusters - industrial parks, medium and long-term loan terms, loan amount equal to 70% of project cost. Loan package to increase credit limit to expand production and business... By August 31, 2024, the whole province has 300 legal customers, with credit relations increasing by 3 legal customers (KHPN) compared to the end of 2023, KHPN outstanding debt reached 6,042 billion VND, down 237 billion VND compared to the end of 2023. At the end of 2023, Agribank Binh Thuan branch launched 2 incentive programs for customers: preferential loans for corporate customers - on the occasion of the 35th anniversary of Agribank's establishment, with loan turnover of 52 billion VND. Lending with interest rate support from the state budget for loans of enterprises, cooperatives, and business households according to Decree No. 31 of the State Bank, cumulative loan turnover is 651.7 billion VND, outstanding debt as of December 31, 2023 is 112.4 billion VND/11 customers, preferential interest amount is 1.35 billion VND. By August 31, 2024, the results of implementing preferential lending programs to specific customers are as follows: For the customer incentive program for corporations, there is 1 corporation borrowing 314 billion VND.

Customers transact at Agribank branch in Binh Thuan province.

For the 2024 preferential loan program for small and medium enterprises, the total disbursed amount is 39.4 billion VND, with 9 customers enjoying the applied incentives, the total disbursed amount is 39.4 billion VND. For the program accompanying export enterprises, the total disbursed amount is 39.4 billion VND. For the preferential loan program to finance investment projects, the total disbursed amount is 110 billion VND/customer, the outstanding debt as of August 31, 2024 is 93.6 billion VND.

Mr. Nguyen Huu Cau - Director of Agribank Binh Thuan branch, said: Through the trade conference "Connecting businesses - Agribank Binh Thuan", the number of business customers and preferential loan incentive programs have increased significantly, proving that the ability to access credit, access policies and promote credit growth has initially brought about effectiveness, contributing to the socio -economic development of the locality...

Source: https://baobinhthuan.com.vn/nhieu-goi-vay-voi-lai-suat-uu-dai-da-den-voi-doanh-nghiep-124368.html