Outstanding loans of credit institutions reached nearly 109 trillion VND

Of which, outstanding loans of some priority credit programs such as small and medium enterprises are 14,050 billion VND; export loans: 1,980 billion VND; loans for supporting industries: 5,500 billion VND; loans for agriculture and rural areas: 29,500 billion VND; policy credit: 7,750 billion VND.

According to the report of the Provincial People's Committee, Quang Nam continues to promote the program of connecting banks and enterprises. However, due to the lack of recovery of internal capacity of enterprises and difficulties in the market, it has created great pressure on maintaining production.

To date, outstanding loans from the bank-enterprise connection program have reached VND8,869 billion, down 1.18% compared to the beginning of the year. Cumulative credit turnover from the beginning of the year for small and medium enterprises has reached VND5,892 billion, outstanding loans have reached VND13,279 billion with 1,629 enterprises still having outstanding loans.

Regarding the solution to support customers in restructuring debt repayment terms according to Circular No. 02 dated April 23, 2023 of the State Bank, up to now, the total accumulated value of debt, both principal and interest, has been restructured by credit institutions in the area for debt repayment terms of VND 1,175 billion (of which VND 35 billion is for serving living and consumption needs and VND 1,140 billion is for serving production and business activities) for 340 restructured customers; including 274 individual customers; 65 corporate customers, 1 customer is a cooperative or cooperative alliance.

Source: https://baoquangnam.vn/du-no-cho-vay-cua-cac-to-chuc-tin-dung-dat-gan-109-nghin-ty-dong-3136519.html