"Leverage" for economic development for mountain people

Many households in Cam Tu commune have received bank loans to invest in effective economic development.

Agribank Cam Thuy has become a "companion" of thousands of households and businesses in the communes of Cam Thuy, Cam Van, Cam Tan, Cam Thach, and Cam Tu. With nearly 98% of outstanding loans focused on agriculture and rural areas, credit capital not only helps people expand production and change the structure of crops and livestock, but also contributes to the increasingly prosperous new rural development. The bank has expanded its lending subjects, simplified procedures, flexibly applied loan guarantee measures according to Decree 55 of the Government, creating the most favorable conditions for people and businesses to access capital. The branch also focuses on developing modern banking services, expanding the issuance of cards and payment accounts, bringing banking services closer to people in rural areas; actively propagating, advising on policies, guiding procedures, ensuring that no farming household with effective production plans lacks capital...

Mr. Nguyen Van Tuan, owner of Tuan Thuan electronics store, Cam Thuy commune, is a customer of Agribank Cam Thuy for many years. He said: "Since the beginning of the business, Agribank has supported the business. The bank not only invested capital but also accompanied and advised on procedures, helping the business to develop with peace of mind. Currently, my family is being facilitated by the bank to borrow 3.5 billion VND to expand the business, creating stable jobs for dozens of workers."

Mr. Truong Van The, owner of a pig farm in Cam Tu commune, is a close customer of Agribank Cam Thuy. He shared: “My family borrowed money mainly for livestock development. However, recently, the price of animal feed has increased, the cost of disease prevention and control in livestock has also increased, while the selling price of products to the market is unstable. With Agribank's interest rate reduction, we are more excited because we have reduced the monthly interest cost and can continue to borrow money to develop the economy.”

Over the years, Agribank Cam Thuy has always closely followed the policies of the Party and the State, the operating strategies of Agribank Vietnam and Agribank Thanh Hoa, and the economic development goals of the localities, actively propagating and expanding utilities in payment and treasury services; applying the automation program for the whole industry; preferential policies for potential customers, customers who have long-term ties with the unit... The bank regularly trains, updates knowledge and innovates the attitude and service style of the credit officers and transaction officers; assigns competent and reputable credit officers to stay close to the locality to find customers with potential to mobilize capital. The unit builds realistic business plans, focusing on loan capital sources for agriculture and rural areas. Implements corporate culture well. Thanks to that, capital sources from the population and economic sectors were mobilized, capital sources from international credit financial institutions were received through the superior bank, loan funds were established, and more and more customers were attracted to deposit money. Along with that, the bank also focused on appraisal and checking of loan applications; guiding customers to use capital for the right purpose and effectively. Focusing on lending to shift economic structure; developing large-scale livestock and poultry farming; investing capital to restore traditional craft villages. With many synchronous solutions, by the end of October 2025, the total outstanding loan balance of Agribank Cam Thuy's economy reached 2,046 billion VND, from the capital source, the unit had disbursed to 9,141 loan customers, of which more than 96% were farmers. Timely loan capital has helped thousands of new borrowers have capital to carry out production, business, purchase production materials... to develop the economy effectively.

In the current tight credit conditions, Agribank Cam Thuy still provides enough capital for the "three agriculture" sector to develop production and business in the area, promoting the New Rural Development program. In 2025, the branch strives to increase mobilized capital by 10 - 15% compared to 2024. Outstanding loans increase by more than 10% compared to 2024. The ratio of loans serving the agricultural and rural areas maintains a proportion of 96% of the capital structure; ensuring profits and full payment of tax obligations to the State, contributing to the development of the local socio-economy.

Article and photos: Luong Khanh

Source: https://baothanhhoa.vn/don-bay-phat-trien-kinh-te-nbsp-cho-nguoi-dan-mien-nui-266816.htm