Agribank said that borrowers are legal entities and individuals with projects/plans serving production and business activities in the field of forest products (forestry and related service activities, purchasing and consumption). , exporting, processing, preserving forest products) and aquatic products (exploiting, cultivating, purchasing, consuming, exporting, processing, preserving aquatic products). 

The program will be implemented until June 30, 6 (or until the program scale is exhausted). The program's preferential interest rate is at least 2024% - 1%/year lower than Agribank's average lending interest rate for the same term in each period.

In addition, customers also receive a maximum reduction of up to 50% of service fees for international payment and trade finance fees (import L/C issuance fee, export L/C notification fee, ocean bill of lading endorsement, export L/C payment fee...) and exemption or reduction of some other service fees.

In 2023, the domestic economy faces many challenges due to global socio-economic fluctuations. The forestry and fishery sectors continuously encounter difficulties in the international market, causing domestic raw material prices to drop sharply in most major specialized farming areas across the country. 

Implementing the policy of the Government and the State Bank in implementing accompanying solutions to overcome difficulties, in just 5 months of implementing the incentive program in the field of forestry and fisheries, Agribank has disbursed all VND 3.000 billion. credit capital to more than 2000 customers who are individuals, production households, and businesses across the country. Of which, 2.300 billion VND supports customers in exploiting, farming, purchasing, processing and exporting seafood and more than 700 billion VND supports forestry production and business activities. 

In early 2024, the forestry and fisheries sector received signs of improvement when export turnover in the first two months of the year increased by 50,3% over the same period last year. Accompanying the forestry and fisheries industry to achieve development expectations in 2024, the State Bank recently increased the scale of the credit program in this field from VND 15.000 billion to VND 30.000 billion.

Agribank is devoting VND 65.000 billion in credit capital with preferential interest rates for SMEs, large corporate customers, corporations/corporations and businesses investing in projects in 6 key industries and green fields. and VND 80.000 billion in preferential credit for individual customers to borrow for consumption, development and expansion of production and business.

Business and individual customers who want to learn more detailed information about the preferential credit program can contact the Customer Care and Support Hotline: 1900558818/02432053205 or at Agribank's 2.300 transaction points nationwide. .

Pearl league