Firmly carry out the mission of developing "Tam Nong"

Proud of over 36 years of establishment and development, and committed to the mission of developing "agriculture, farmers, and rural areas," the branches of the Agricultural and Rural Development Bank ( Agribank ) in the province have continuously developed, becoming leading branches and playing a key role in implementing Resolution No. 19-NQ/TW of the 13th Central Committee of the Communist Party of Vietnam on agriculture, farmers, and rural areas until 2030, with a vision to 2045. Through this, they have contributed to promoting the construction of new rural areas, advanced new rural areas, and model new rural areas in localities.

The family of Mr. Le Ngoc Nam in Ha Vu 1 village, Hoang Dat commune (Hoang Hoa district) received a loan from Agribank to invest in effective economic development.

Previously, Mr. Le Ngoc Nam's family in Ha Vu 1 village, Hoang Dat commune (Hoang Hoa) did not dare to think that one day they would own a farm with high agricultural production, clean agriculture according to VietGAP standards with a total asset value of up to tens of billions of VND, because at that time he was still a purely agricultural production household, with income depending on a few fields of ordinary vegetables on a small scale. However, through information channels, he grasped the Party's policies and the State's policies on supporting the development of agricultural and rural production and was advised by Agribank credit officers in Hoang Hoa district. He received initial capital investment from the bank of only a few hundred million VND to expand the scale of production. Mr. Nam's family's economic model has grown day by day. Mr. Nam said, “Thanks to the credit policy serving agricultural and rural development, farming households like my family have access to capital easily, thereby having the opportunity to invest in production and business. Currently, I am receiving a 2 billion VND loan from Agribank Hoang Hoa to invest in infrastructure development for over 3 hectares of high-tech agricultural production, growing crops such as strawberries, Kim Hoang Hau melons, cucumbers... in greenhouses. My family's farm model is creating jobs for 7 workers with an income of 6 million VND/person/month. Annual revenue reaches nearly 2 billion VND. My family has been diligently repaying the principal and interest on time.”

Not only Mr. Nam's family, thousands of households, cooperatives and businesses, thanks to loans from Agribank Hoang Hoa, have developed production and business effectively, bringing in hundreds of billions of VND in income each year. In 2024, in the face of many difficulties and challenges, but with the tradition of solidarity and determination, Agribank Hoang Hoa has made continuous efforts in capital mobilization, lending and providing financial services to promote and support rural economic development, contributing to promoting agricultural production and improving people's economic life. The branch has successfully completed its business plan targets, leading the emulation movement to carry out the business tasks of Agribank Bac Thanh Hoa. In addition, Agribank Hoang Hoa has had very practical policies to support people to borrow capital to reduce difficulties and restore production and business, such as reducing interest rates for medium and long-term loans; There have been numerous reductions in interest rates for new loans, and many preferential interest rate packages for individual and business customers. Thanks to these efforts, Hoang Hoa district has achieved many positive results in developing socio-economic indicators. To date, Hoang Hoa district has 5 model new rural communes; 11 advanced new rural communes and over 100 model new rural villages and model residential areas.

By mid-February 2025, the total mobilized capital of Agribank branches in the province reached over 60,000 billion VND; the total outstanding loan balance reached over 68,000 billion VND. With a solid financial foundation, the Agribank system in the province has become a close friend, always accompanying farmers in the rural areas of the province. Furthermore, to quickly, promptly, and best meet the capital needs for economic development of the people, the bank has built a network of transaction offices and points covering rural areas, operating in all areas of the province with 3 Type I branches, 31 Type II branches, 34 transaction offices, 2 mobile transaction points using specialized vehicles, 88 ATMs/CDMs, and 495 POS machines.

Mr. Nguyen Thai Trieu, Director of Agribank Bac Thanh Hoa, said: "To support the people, Agribank branches always proactively improve processes, simplify loan procedures; enhance appraisal capabilities to shorten loan processing time, creating conditions for customers to access credit. In addition, banks also offer many convenient products and services for customers, especially in rural areas, such as mobile transaction points reaching even remote communes, expanding ATM networks... ensuring that households have capital to implement their business ideas promptly. The investment capital mainly serves agricultural and rural development, helping rural people invest in economic development and stabilize their lives."

In the coming period, Agribank branches in the province will continue to implement mechanisms and policies to support people, businesses, and cooperatives in developing production and business. Through this, they will maintain and enhance their position as a leading commercial bank, playing a key and leading role in implementing the Party and State's guidelines and policies. They will remain steadfast in their mission to support agriculture, farmers, and rural areas, proactively implementing effective solutions to achieve Resolution 19-NQ/TW of the 13th Central Committee of the Communist Party of Vietnam on agriculture, farmers, and rural areas by 2030, with a vision to 2045. They will continue to expand their network, modernize technology towards digital banking; diversify and improve the quality of products and services; boost capital mobilization and credit investment to serve key economic programs of the province; and, together with the entire banking sector, effectively implement the national digital transformation program and the National Comprehensive Financial Strategy by 2025, with a vision to 2030. effectively contribute to promoting the development of digital economy, green economy, and circular economy.

Text and photos: Khanh Phuong

Source: https://baothanhhoa.vn/vung-vang-thuc-hien-su-menh-phat-trien-tam-nong-240048.htm