Credit market potential

In recent years, Ha Nam province has been considered one of the most dynamic economic development poles in the Red River Delta. This is a favorable condition for commercial banks to invest in the area, expanding the credit market to support people and businesses.

In early February 2025, the National Citizen Bank (NCB) opened a branch in Ha Nam province with a commitment to always accompany customers, people, especially businesses, in financial consulting, supporting credit capital, and meeting customer needs. NCB is also one of more than 30 branches of commercial banks investing in the province that have accelerated the restructuring process, invested in technology infrastructure, centralized data management, and invested in many digital transformation projects to continue improving service quality and increasing customer experience. The establishment of a branch in Ha Nam continues to affirm that NCB is expanding its area of ​​operation, bringing capital to serve customers to develop production and business. To date, NCB has 22 affiliated branches and 70 transaction points nationwide.

Mr. Ta Kieu Hung, General Director of NCB said: Ha Nam is a dynamic economic development pole in the Red River Delta. The province has 13 industrial parks (IPs) with more than 700 invested projects; nearly 10 thousand registered enterprises. This is a favorable condition for the branch to expand its market share, directing investment capital to support businesses and people quickly and conveniently. NCB is committed to accompanying the general development of the province, closely following the direction of the Provincial Party Committee and Provincial People's Committee to invest capital to customers. NCB's target market includes all areas of trade and services, investment in production and business, and household economic loans.

Business activities at NCB Ha Nam Branch.

Similar to NCB Branch, in recent years, commercial banks in the province have invested in expanding branches operating in the province. Up to now, the total outstanding loans of branches operating in the province have reached more than 86 trillion VND, of which about more than 40% are for business loans, the rest are for household economic loans and other loans. According to the assessment of commercial banks, in recent years, the People's Committee of Ha Nam province has directed sectors and localities to coordinate with enterprises to invest in industrial park infrastructure, quickly resolve administrative procedures when attracting investment, and support enterprises to go into production. Sectors and enterprises operating in infrastructure have increased investment promotion activities online; directly attracted investment in a number of countries around the world ; accelerated the progress of site clearance, leveling, and construction of synchronous infrastructure, promptly meeting the needs of factory construction and serving the production and business of investors. Following closely the investment plans of enterprises, credit institutions have expanded capital disbursement sources for customers to borrow for investment in production and business.

Along with lending to businesses, in recent times, commercial banks have also promoted credit investment to serve agricultural production and expanded lending to serve the needs of people's lives and legitimate consumption. Specifically, credit institutions in the area have proactively balanced capital sources to fully and promptly meet capital needs for the agricultural and rural sectors; promptly resolved difficulties and obstacles when accessing bank credit sources; promoted simplification of loan procedures, at the same time publicly and transparently listed lending processes and procedures, shortened loan approval time, creating conditions for customers to borrow capital in the fastest time; encouraged expansion of operations and development of more suitable credit product packages in agricultural and rural areas.

Mr. Hoang Xuan Hoi, Deputy Director of Agribank, Ha Nam Branch, said: In 2025, the branch has directed its affiliated units to closely follow the operations of customers, promptly disbursing capital to people who need loans to invest in production and business development. For customers who have used bank capital, if they encounter difficulties in production and business, the unit will also consider restructuring the repayment period for each item, waiving part of the interest rate to remove difficulties for customers. Up to now, about 65% of the branch's capital is for lending to develop household economy, the remaining nearly 35% is for lending to businesses. In the first quarter of 2025, the branch's credit growth rate reached and exceeded the plan. Many businesses that have been loyal customers of the branch for many years still use large amounts of capital, maintaining effective production.

In 2025, the State Bank of Vietnam, Branch 7, will continue to direct credit institutions in the province to focus on: surveying and understanding the credit needs of enterprises; implementing the Bank - Enterprise Connection Program; proactively coordinating with the Provincial Business Association to grasp information on the credit needs of enterprises to remove difficulties for production and business as well as consider and resolve customer requests. Along with that, commercial banks regularly review business loans, rebalance capital, support customers facing difficulties in restructuring debt repayment periods, exempting and reducing interest rates, and promoting production and business development.

Tran Thoan

Source: https://baohanam.com.vn/kinh-te/tai-chinh-ngan-hang/tiem-nang-thi-truong-tin-dung-160782.html