On the afternoon of September 26, the Bank for Agriculture and Rural Development, Ninh Binh branch, organized a conference connecting Agribank, Ninh Binh branch, with local businesses.

Attending the event were leaders of the State Bank of the province; leaders of the Provincial Business Association; representatives of the Business Associations of 4 districts and cities; the Ninh Van Fine Arts Stone Craft Village Business Association and 30 enterprises representing enterprises in the area.

Agribank, as the leading commercial bank in Vietnam, 100% state-owned, always plays the role of a key bank, has proactively and actively implemented many solutions to support customers; flexibly managed to reduce deposit interest rates to create conditions to reduce lending interest rates; implemented preferential credit packages for many customer groups: small and medium enterprises, forestry and fishery sectors, import-export customers, real estate, investment projects, etc.

Total capital as of September 15, 2023 is VND 7,912 billion, an increase of VND 518 billion compared to the beginning of the year. Total outstanding loans reached VND 10,846 billion, an increase of VND 96 billion compared to the beginning of the year.

Of which, outstanding debt for corporate customers (117 customers) is 3,844 billion VND, accounting for 35.4% of total outstanding debt, down 192 billion VND compared to the beginning of the year. Bad debt for corporate customers is 88 billion VND, down 22 billion VND compared to the beginning of the year.

The branch has reduced lending interest rates 7 times based on cost savings and capital mobilization interest rates, contributing to market stability.

At the conference, representatives of the Business Associations of districts and cities expressed their opinions affirming that in the past time, Agribank Ninh Binh branch has always accompanied businesses in supporting businesses to overcome difficult times such as the COVID-19 pandemic, extending and extending interest rates, reducing lending interest rates to help businesses overcome difficult times, stabilize production and business.

At the same time, some opinions and recommendations were raised such as the need to increase the loan limit; the lending mechanism needs to be more flexible; creating conditions for small and medium enterprises to access loan sources...

Representatives of Agribank Ninh Binh branch received opinions and recommendations from businesses and shared the difficulties and problems that the units are facing.

At the same time, it is hoped that in the coming time, the leaders of the Provincial Business Association and Business Associations will regularly pay attention to creating conditions and orientations for members in their activities; creating motivation to connect members to work actively and effectively, contributing to the economic development of the enterprises themselves in particular and contributing to the economic development of the locality in general to build Ninh Binh province to develop more and more.

In addition, businesses must also reorient their business strategies, build projects, feasible production and business plans, effectively manage finances, and adapt to each period of the economy; save financial costs, improve competitiveness, promote business linkages and cooperation, and seek output markets for products.

In the coming time, Agribank Ninh Binh branch will apply flexible lending interest rates, ensuring competition with local credit institutions in the right direction. Focusing capital on production, business, priority areas, and areas that are Agribank's strengths.

Promote solutions to implement the 2% interest rate support policy according to Decree No. 31/2022/ND-CP for enterprises, cooperatives, and business households. Continue to discuss and share difficulties, accompany enterprises in developing production and business, and implement lending programs flexibly and effectively.

The conference connects Agribank Ninh Binh branch with businesses in Ninh Binh province to introduce products, services, and preferential loan programs for business customers.

On this occasion, Agribank Ninh Binh branch wishes to listen to opinions on the bank's lending activities from the Association, Associations and members, on that basis to jointly remove difficulties and obstacles, propose solutions to strengthen, promote and cooperate in increasing credit growth for corporate customers in Ninh Binh province.

Hong Nhung - Anh Tuan