Accompany and support businesses in developing production and business

(Baothanhhoa.vn) - Implementing the Prime Minister's direction on focusing on removing difficulties for production and business, promoting growth and stabilizing the macro economy, the State Bank - Branch Region 7 has had many solutions to effectively manage credit activities to serve the economy, in which special attention is paid to many accompanying mechanisms and policies, supporting capital to help enterprises develop production and business, creating jobs for many workers.

Tung An Import Export Company Limited (Quang Tien Ward, Sam Son City) received bank loans to expand production and business effectively.

The timely implementation of support policies, such as debt extension, debt repayment restructuring, and loan interest rate reduction, etc. by the banking system in the province has contributed significantly to helping the business community overcome difficulties and expand production and business. For example, Tung An Import Export Company Limited, Quang Tien Ward (Sam Son City), operating in the field of construction materials, Ms. Nguyen Thi Huyen Dung, director of the company, said: "Enterprises often have to use bank loans to meet the needs of importing goods, expanding warehouses, investing in means of transport, as well as short-term transactions and payments. Because it is in the priority lending sector, the company has received a reduction in loan interest rates from Vietinbank Sam Son branch. This has helped us save costs and reduce prices, thereby contributing to promoting production and business, meeting market demand."

It is known that, in order to stimulate production and consumption, right from the first months of the year, Vietinbank Sam Son branch has implemented many loan programs with preferential interest rates for import-export enterprises, FDI enterprises, small and medium enterprises or prioritized credit for other priority sectors, such as: rural agriculture , high-tech industry,... At the same time, implementing the commitment to transparent information, reducing costs, reducing profits to reduce lending interest rates. Mr. Tran Duc Thinh, Director

Vietinbank Sam Son branch said: "Vietinbank has issued many credit growth packages with preferential interest rates, a growth package for corporate customers of VND 133,000 billion, with an interest rate of only 5 - 6%. In addition, the unit also has a USD loan package with a maximum interest rate of 5%; medium and long-term loans with an interest rate of only 5%; we also build a program to reduce interest rates for each type of enterprise, customer groups in the fields of production and business, offering attractive incentive packages to create conditions to promote business growth".

By the end of May 2025, the total mobilized credit capital in the province is estimated at VND 203,623 billion, an increase of 9.23% compared to the beginning of the year; total outstanding credit is estimated at VND 237,773 billion. The whole province has more than 4,700 enterprises with credit relations with banks, with outstanding loans of more than VND 62,000 billion. Implementing the socio -economic development programs of the Central and the province, commercial banks and credit institutions in the province have implemented many specific credit programs for enterprises, such as: lending for agricultural and rural development according to Decree No. 55/2015/ND-CP of the Government with thousands of enterprises, individuals, and production households borrowing capital; lending to 5 priority sectors with outstanding loans reaching over VND96,460 billion... The State Bank of Region 7 has actively directed credit institutions in the area to carry out administrative reforms, simplify credit granting procedures; increase the application of information technology, digital transformation, and cost reduction to create room for reducing lending interest rates to support businesses. At the same time, invest in upgrading infrastructure, diversifying banking products and services suitable for each customer segment, market, type and production and business needs of enterprises; proactively deploy the bank-enterprise connection program in appropriate forms, on that basis, grasp and have timely solutions to remove difficulties for businesses...

In 2025, the State Bank of Region 7 sets a target of credit growth in the area of ​​about 15 to 16%, with appropriate adjustments to developments and actual situations; the ratio of bad debt and overdue debt remains below 2% of total outstanding debt. To achieve this target, credit institutions are implementing solutions to facilitate people and businesses to access bank credit. Safe and effective credit growth, focusing capital on production and priority sectors; in which, directing credit flows to production and business sectors, priority sectors, projects, feasible loan plans, enterprises, projects applying high science and technology to production; enterprises producing according to the value chain, applying high technology in agricultural production, clean agricultural production, start-ups, small and medium enterprises. At the same time, effectively implement the program connecting banks and businesses, credit institutions on the basis of financial capacity apply reasonable lending interest rates, reduce operating costs, improve business efficiency to have conditions to reduce lending interest rates to share difficulties with customers.

Article and photos: Minh Ha

Source: https://baothanhhoa.vn/dong-hanh-ho-tro-doanh-nghiep-phat-trien-san-xuat-kinh-doanh-250276.htm