A solid foundation for the rural economy.

Affirming its leading role in investing in the development of agriculture, rural areas, and farmers, the Vietnam Agricultural and Rural Development Bank, Tam Dao Vinh Phuc II Branch (Agribank Tam Dao Vinh Phuc II Branch) has implemented a comprehensive range of solutions to facilitate capital flow for production and business. The bank's support has helped many households improve their economic situation, making a positive contribution to the socio-economic growth of the locality.

Thanks to funding from Agribank Tam Dao Vinh Phuc II Branch, Mr. Ta Van Long's family in Tam Dao commune has been able to invest in and expand their pig farming operation, bringing in a stable income of nearly 1 billion VND per year.

Over the years, Agribank Tam Dao Vinh Phuc II Branch has consistently followed the local economic development orientation, proactively exploited idle capital from the population, and closely coordinated with Party committees, authorities, and mass organizations to implement credit programs that meet actual needs.

By flexibly applying the government and State Bank's policies on agricultural and rural development, the branch has promptly met the capital needs for production and business in the communes of the former Tam Dao district.

Currently, the bank's total outstanding loans amount to over 1,540 billion VND, an increase of nearly 70 billion VND compared to the beginning of the year; the capital is mainly concentrated in programs for economic restructuring, production and business development, and serving the construction of new rural areas.

Alongside expanding the scale of credit, Agribank Tam Dao Vinh Phuc II Branch places special emphasis on improving credit quality through strict control processes at all stages before, during, and after lending, especially in the appraisal process.

The bank assigns staff to closely monitor the use of capital at the grassroots level, promptly assisting customers in overcoming difficulties in production and business, ensuring their ability to repay loans, and limiting the 발생 of bad debts.

In response to market fluctuations, the branch proactively adjusted and reduced lending interest rates for priority customer groups and small and medium-sized enterprises, contributing to easing financial pressure and creating more impetus for people and businesses to expand investment and production.

Recognizing administrative procedure reform as a breakthrough to improve service quality, the bank has simplified the loan application process to the maximum extent, ensuring transparency, openness, and convenience for customers.

In particular, the system of 96 loan groups with more than 1,500 members at the grassroots level has proven highly effective, becoming an "extended arm" that helps banks stay close to the local area, enhance consulting and technical support for production, and promptly resolve issues arising at the grassroots level.

With comprehensive solutions, the capital from Agribank Tam Dao Branch, Vinh Phuc II, has been effectively utilized, becoming a driving force helping thousands of households achieve economic breakthroughs. Mr. Ta Van Long, from Tam Dao commune, said: "Thanks to the preferential loan from the bank, my family has been able to invest in and expand our pig farm to 70 sows. With a well-structured process, my family supplies the market with more than a thousand high-quality piglets each year, bringing in a stable profit of nearly 1 billion VND."

According to Mr. Long, the dedication, approachability, and professionalism of the credit officers have instilled greater confidence in the people during the process of investing in and expanding production. Agribank officers not only perform their professional duties but also accompany and share the difficulties with the people as true companions. It is this heartfelt companionship that has helped Agribank Tam Dao Vinh Phuc II Branch transcend the role of a purely financial institution, becoming a trusted partner, helping farmers build a prosperous life.

A representative from Agribank's Tam Dao, Vinh Phuc II Branch stated: In the coming period, the bank will continue to promote administrative reforms and effectively utilize local resources to prioritize investment in agriculture and rural areas. Along with the goal of safe and efficient credit growth, the branch will continue to innovate service methods and enhance the application of digital technology to improve service quality and customer experience.

With the motto of accompanying the people and businesses, Agribank Tam Dao Vinh Phuc II Branch continues to affirm its role as a solid financial support for the agricultural and rural areas; contributing to promoting local economic development, improving people's lives and building a more prosperous, beautiful and civilized homeland.

Tran Tinh

Source: https://baophutho.vn/diem-tua-vung-chac-cho-kinh-te-nong-thon-253320.htm