Accompanying the people

Mr. Phan Thanh Tuan, Director of Tuan Bang Transport and Trading Cooperative, introduces 3-star and 4-star OCOP certified tea products.

Realizing the important role of credit in socio-economic development, Agribank Xin Man closely follows the direction of superiors to implement many practical credit programs as well as actively propagate and disseminate Decree 55/2015/ND-CP and Decree 116/2018/ND-CP of the Government to the people, helping people understand the policy and boldly access preferential capital sources to invest in production. Not only stopping at lending capital, Agribank Xin Man also focuses on consulting and training in financial management skills, guiding business planning, calculating costs and profits so that people can improve the efficiency of capital use and limit risks in production and business. To best meet customers' loan needs, Agribank Xin Man regularly sends staff to the grassroots to survey loan needs, advise on appropriate loan packages according to production and business needs; quickly and conveniently handle procedures; Prioritizing capital for agricultural and forestry production models and OCOP product development projects. Since then, thousands of households and cooperatives have accessed preferential capital sources and boldly invested in developing typical products such as: Shan Tuyet tea; Mint honey; Xin Man sticky rice...

A typical example is the model of Mr. Phan Thanh Tuan, Director of Tuan Bang Transport and Trade Cooperative, Khuon Lung Commune, Xin Man Commune. In 2006, he boldly borrowed 300 million VND from Agribank Xin Man to expand tea production. Up to now, his credit limit at the bank has reached 6.5 billion VND, outstanding debt of 5.8 billion VND. Thanks to preferential capital, his family has built a tea processing factory of over 3,000 m2, equipped with many modern machines, creating regular jobs for 20 workers and 20-30 seasonal workers. The cooperative currently has 2 tea products certified with 3-star OCOP and 1 product certified with 4-star OCOP. On average, after deducting all expenses, his family has an income of about 1 billion VND per year.

Mr. Chu Dang Hung, Deputy Director in charge of Agribank Xin Man, said: By the end of the third quarter of 2025, the total outstanding loans at Agribank Xin Man reached 425 billion VND, achieving 90% of the assigned plan. This capital source has directly supported hundreds of households, cooperatives, and small businesses to expand production, increase the value of agricultural products with many local specialties, gradually building brands, reaching out to domestic and foreign markets.

In the coming time, Agribank Xin Man will continue to prioritize credit capital for the agricultural and rural sectors; focusing on lending to households, cooperatives, small and medium enterprises in the production, processing and consumption of agricultural products. In particular, the Branch focuses on supporting the construction of agricultural value chains, encouraging investment in deep processing, improving quality, improving designs, packaging, building brands and promoting products. At the same time, creating conditions for farmers to access e-commerce, connecting products with domestic and foreign markets.

With steady steps, Agribank Xin Man is affirming its role as a “financial midwife” for the people. With the strategy of linking credit with digital transformation and sustainable development, Agribank Xin Man promises to continue to be a reliable support for people to get rich, building an increasingly rich and civilized homeland.

Article and photos: Hoang Tuyen

Source: https://baotuyenquang.com.vn/xa-hoi/202510/dong-hanh-cung-nguoi-dan-4741141/