114 customers had their loan repayment terms restructured with the bank.

Credit institutions in Ha Tinh province have restructured loan repayment terms and maintained the same loan classification for 114 customers.

Over the past period, the State Bank of Vietnam (SBV) branch in Ha Tinh province has consistently instructed and directed credit institutions to strictly implement the policies, mechanisms, and regulations of the State, the banking sector, and the Provincial People's Committee related to banking activities. At the same time, it has proactively implemented policies to alleviate difficulties for various economic sectors.

Banks are proactively implementing customer support measures in accordance with Circular 02.

Following directives from higher authorities, banks have focused on implementing Circular 02/2023/TT-NHNN (hereinafter referred to as Circular 02) regulating the restructuring of loan repayment periods and maintaining loan classifications by credit institutions and branches of foreign banks to support customers facing difficulties (effective from April 24, 2023).

Accordingly, banks have intensified communication about Circular 02 so that eligible customers can access and benefit from the policy; organized customer reviews and received requests; and promptly processed applications while ensuring transparency and preventing profiteering or exploitation to conceal bad debts, reflecting the credit situation objectively and truthfully.

According to data from the State Bank of Vietnam in Ha Tinh province, as of September 10, 2023, credit institutions in the area had restructured loan repayment terms and maintained the same loan classification for 114 customers (including 102 individuals and 12 businesses) with a restructured principal debt of VND 380.95 billion.

Circular 02 is expected to be a "remedy" to support people and businesses in Ha Tinh province in the post-COVID-19 period.

According to financial experts, Circular 02 has a supportive effect on the business community in general and businesses in Ha Tinh province in particular, in the context of facing difficulties due to the impact of the global economy such as: increased production costs, decreased orders, slow product consumption, etc.

Circular 02 not only supports business customers, but also those who have borrowed for consumption and are facing difficulties, experiencing reduced income, and lacking the means to repay their debts. They are eligible for debt deferral or extension for up to one year. Therefore, banks will continue to implement solutions to support customers benefiting from this policy, contributing to the socio-economic development of Ha Tinh province.

Thao Hien

Source: https://baohatinh.vn/thuong-mai-dich-vu/114-luot-khach-hang-duoc-co-cau-lai-thoi-han-tra-no-ngan-hang/254804.htm