On the afternoon of October 4, the State Bank of Vietnam (SBV) coordinated with the People's Committee of Thai Nguyen province to organize a conference connecting banks and enterprises in the province to grasp the production and business situation, demand and ability to absorb and access credit capital, thereby contributing to removing difficulties and obstacles, promoting the ability to access credit capital of people and enterprises and capital absorption of the economy .
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| Delegates chaired and directed the Conference content. |
Comrade Le Quang Tien, Vice Chairman of the Provincial People's Committee and Comrade Pham Thanh Ha, Deputy Governor of the State Bank, co-chaired the Conference. Attending the Conference were Comrade Mai Thi Thuy Nga, Vice Chairman of the Provincial People's Council; representatives of associations, business associations of the province and districts, cities; more than 100 enterprises, individual business households having credit relations with the Bank; representatives of banks in the province.
According to the representative of the SBV leadership: From the beginning of the year, the SBV has oriented credit growth for the whole year at about 14-15% (higher than growth in previous years), with appropriate adjustments according to developments and actual situations. However, by September 29, 2023, credit for the whole economy had only reached about 12.75 million billion VND, an increase of 6.92% compared to the end of 2022.
For Thai Nguyen province, as of the end of September, outstanding loans reached about VND 86.6 trillion, an increase of 4.51% compared to the end of 2022.
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| Business representatives speak at the Conference. |
Speaking at the Conference, representatives of business associations and enterprises highly appreciated the companionship and support of the banking industry in the past time, affirming that without timely macroeconomic management and the companionship of the banking industry, most enterprises would find it difficult to survive and develop... Besides, many opinions also suggested that the State Bank continue to pay attention to directing commercial banks to reduce interest rates and reduce lending procedures; have more preferential policies for small and medium enterprises, enterprises investing in difficult areas; allow enterprises to extend the maturity period; do not require customers to buy loan insurance; credit contracts need to be concise and easy to understand...
In addition, in addition to recommendations for the banking sector, some opinions also suggested that Party committees, authorities at all levels and provincial departments, branches and sectors continue to pay attention to site clearance for a number of projects; guide and quickly resolve legal procedures on investment projects to facilitate businesses in their operations.
Representatives of some banks clarified the credit situation in the province; the difficulties and problems that banks are facing as well as solutions, proposals and recommendations for businesses in the coming time.
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| Representatives of the State Bank clarified a number of issues that businesses have requested and are concerned about. |
Speaking at the Conference, Vice Chairman of the Provincial People's Committee Le Quang Tien hoped that the opinions and recommendations of enterprises across the country in general and Thai Nguyen province in particular would be promptly resolved and shared by the State Bank of Vietnam. He also requested that the Provincial Branch of the State Bank of Vietnam in the coming time focus on lending capital to production, business, and priority sectors; strengthen dialogue and connection between banks and enterprises to promptly resolve difficulties and obstacles in credit relations; promote loan programs with interest rate support according to decrees and programs of the Government and the Prime Minister ; continue to reduce lending interest rates and create more favorable conditions for enterprises and people...
On the part of the State Bank, Deputy Governor Pham Thanh Ha affirmed: With the spirit of accompanying and sharing with the people and businesses, the banking sector is ready to implement solutions to remove difficulties and meet the credit capital needs for economic development in Thai Nguyen province. He also requested that commercial banks in the area promptly report to the State Bank provincial branch on difficulties, problems and proposals and recommendations related to the mechanisms and policies of the banking sector during the implementation process of credit institutions so that the State Bank can have solutions to remove them...
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