Outstanding corporate loans reached 36,748 billion VND

Of which, outstanding loans to small and medium enterprises are VND15,864 billion, up 5.24% compared to the beginning of the year, with 1,338 enterprises still having outstanding loans.

To help businesses overcome difficulties, commercial banks have implemented the Interest Rate Support Program under Decree 31/2022/ND-CP. Thanks to this, many businesses have had their debt repayment periods restructured, interest rates partially supported, and interest rates reduced.

However, according to many businesses, accessing bank capital is still difficult because many businesses are not able to pay off old restructured debts and new debts that have come due.

According to many businesses, in order to remove difficulties for production and business, authorities and banks need to address shortcomings in mechanisms and policies. Photo: ST

Furthermore, when resources are exhausted and there is no collateral, this is one of the reasons why businesses find it difficult to access loans to supplement working capital and invest in machinery, technology, and upgrade operating lines. Many businesses have to cut labor, reduce production, and even close down or cease operations due to lack of orders.

Enterprises recommend that banks should create conditions to remove difficulties in credit capital sources for enterprises; create conditions for customers to access loans with appropriate interest rates and increase the value of collateral assets to mortgage loans to avoid the situation of excess credit capital sources, while many enterprises wanting to borrow capital face difficulties.

Many businesses believe that, in order to remove difficulties for production and business, authorities and banks need to address shortcomings in mechanisms, policies, and barriers related to responsibility and public ethics; continue to clarify and have specific solutions so that businesses can confidently and boldly break through to develop.

Specifically, sectors and levels need to remove difficulties in public investment, which is the key to stimulating production and consumption, thereby increasing capital demand; commercial bank capital will be effective.

In addition, commercial banks need to continue to implement and have policies on preferential credit packages; support shortening approval time; increase the value of collateral for customers; reduce lending interest rates associated with increasing access to credit capital.

In particular, industries need to continue to have policies to support the removal of legal procedures for the real estate market, so that projects are eligible to be traded on the market.

Source: https://www.congluan.vn/ha-nam-du-no-cho-vay-doanh-nghiep-dat-36748-ty-dong-post299007.html