In order to create favorable conditions for businesses and investors in the area to access bank credit capital, on the afternoon of March 15, at the headquarters of the State Bank of Ba Ria - Vung Tau province branch, the Provincial People's Committee organized a Bank - Business connection conference in 3.
Representatives of the National Assembly Delegation, People's Council, Departments, branches and branches; leaders of districts, towns and cities; Commercial bank branches, businesses, business associations, and industry sectors attended the conference.
Speaking at the opening of the conference, Mr. Le Ngoc Khanh, Vice Chairman of Ba Ria - Vung Tau Provincial People's Committee, said that in order to remove obstacles and support businesses, the Provincial People's Committee has established a special working group to remove difficulties. difficulties for businesses and investors (Group 997) from May 5, directly led by Mr. Nguyen Van Tho, Chairman of the Provincial People's Committee. In 2023, the Working Group has received and completely resolved 2023/23 problems and recommendations from businesses.
In addition, the leaders of the Provincial People's Committee arrange a daily morning working hour (from 7:30 a.m. to 8:30 a.m.) and every Thursday to meet with businesses and investors, promptly grasping the thoughts of the Provincial People's Committee. thoughts, wishes, difficulties and problems to direct and handle until the end of the case.
Mr. Le Ngoc Khanh emphasized that the 2024 Bank-Enterprise Connection Conference in the province is an opportunity for the Provincial People's Committee and the banking industry to promptly grasp the needs of businesses, especially the need for capital. From there, remove difficulties and obstacles, promote production, business and investment activities in the business community of Ba Ria - Vung Tau province, striving to complete socio-economic development goals. , state budget revenue and expenditure estimates for 2024 and credit growth to support people, businesses, cooperatives, and business households with effective and feasible business plans that meet loan conditions. according to the regulations of the credit institution and the provisions of law. At the same time, this is a good opportunity for the business community to connect with credit institutions to access credit capital, especially in priority areas according to the Government's policies.
Information at the conference, the representative of the State Bank's leadership, Ba Ria - Vung Tau province branch said that credit institutions in the area have implemented many rounds of reducing interest rates on deposits and loans and applying other incentives. programs and credit packages with preferential interest rates under the direction of the State Bank of Vietnam and its headquarters to support businesses and people to restore production and business, and promote economic development.
By March 3, the average lending interest rate at credit institutions in the area will decrease by 2024 - 0,1%/year compared to the end of 0,3. In March 2023, the State Bank of Vietnam Vietnam issued an official dispatch directing commercial banks to announce average lending interest rates, average deposit and lending interest rate differences, and lending interest rates for credit programs and credit packages. and other loan interest rates (if any) on the website of each unit.
Mr. Pham Van Triem, Chairman of the Association of Small and Medium Enterprises of Ba Ria - Vung Tau province, said that although bank interest rates have decreased in recent times, a summary of opinions from member businesses shows that , small and micro businesses bear the costs, bank regulations fees on loans are still high, leading to increased costs. Besides, many procedures have not been reviewed quickly, causing businesses to miss plans and lose opportunities for production orders.
"Loosening loan conditions and unsecured loan forms is very necessary and needs to be more open," Mr. Triem suggested.
Sharing this view, Mr. Le Dinh Thang, Chairman of the Board of Directors of DIC Holdings Construction Joint Stock Company, Chairman of the Young Entrepreneurs Association of Ba Ria - Vung Tau province said that credit institutions should accompany businesses, create conditions to remove difficulties for businesses to access capital. At the same time, stabilizing reasonable lending interest rates, creating conditions for businesses to borrow capital for investment, production and business activities, calculating the ability to pay back capital and repay loans on time in the future.
In addition, strengthen through credit packages to support import and export, finance high-tech applications, green economic sectors, agriculture - rural areas, support small and medium-sized enterprises, and shorten appraisal time. regulates credit funding and simplifies loan procedures for businesses and people. At the same time, strengthen the consulting role for small and medium-sized enterprises on how to access banking services and utilities in the fastest and most effective way.
Mr. Nguyen Loi, Director of the State Bank - Provincial Branch, said that the actual lending interest rate is still high but the bank cannot adjust it on its own, it depends on the national monetary policy and foreign exchange policy. . To have good access to businesses, banks need to proactively directly contact businesses that have outstanding loans at the bank to grasp and remove difficulties in customers' production and business activities; Guide and create favorable conditions for businesses to complete documents and procedures according to the provisions of law to access the bank's support policies under the direction of the State Bank of Vietnam, headquarters, and accelerate progress of processing customer loan applications; Explain promptly, transparently, and provide complete information in cases where customers are not eligible for loans.
In addition, the banking system in the province proactively grants credit to production and business areas and priority areas; Actively participate and implement effectively and practically the Bank-Enterprise Connection Program; Continue to promote the implementation of assigned tasks of the banking industry in national target programs, especially the VND 120.000 billion loan program for social housing, worker housing, renovation and reconstruction. old apartment buildings according to Resolution 33/NQ-CP dated March 11, 3 on solutions to disentangle and promote the real estate market to develop safely, healthily, and sustainably due to the Government's issuance of a 2023 billion credit program contracts for the forestry and fisheries sectors. Regulations on restructuring debt repayment terms and maintaining the same debt group to support customers in difficulty according to Circular 15.000/02/TT-NHNN on credit institutions and payments Foreign bank branches restructure debt repayment terms and maintain the same debt group to support customers in difficulty.
Summing up the conference, Mr. Le Ngoc Khanh - Vice Chairman of the Provincial People's Committee said that in order to continue to perform well the role of providing capital to serve production and business for businesses, the State Bank provincial branch; Departments, committees and branches need to continue to direct, monitor and supervise credit institutions in the province to effectively implement programs to support people and businesses, focusing credit capital on key areas. production and business sectors, priority sectors and credit programs, national target programs; Reduce operating costs to reduce lending interest rates, in order to share maximum difficulties with borrowers.
For businesses, the Vice Chairman of the Provincial People's Committee suggested the need to strengthen management capacity, restructure operations, build effective production and business plans, and have financial transparency; standardize accounting regime; Provide sufficient documents so that commercial bank branches have a basis for appraisal and consideration of lending; Choose commercial bank branches with interest rates and loan conditions suitable to the operating situation and needs of the business.
According to VNA
