HCMC banks lend VND100 trillion to preferred sectors Thanh Thuong By Thanh Thuong – The Saigon Times Daily Representative of VietinBank’s branch no. 6 (third, from R) signs credit deals with market management boards in District 6 on Wednesday – Photo: Thanh Thuong HCMC – Banks in HCMC have given loans worth nearly VND100 trillion to enterprises in five preferred sectors, namely agriculture, small and medium-sized enterprises, export, supporting industries and high technology. According to the central bank’s HCMC branch, these credits have been disbursed since last July to around 22,000 corporate clients. The agency has cooperated with local authorities to carry out many connection programs between banks and enterprises to help businesses access capital sources. Nguyen Hoang Minh, deputy director of the central bank’s HCMC branch, said that two connection programs have been organized this year, one in District 8 weeks ago and one in District 6 that took place on Wednesday. Some 34 enterprises and traders of Binh Tay, Phu Lam and Minh Phung markets in District 6 on Wednesday were given loans with the total value of VND671 billion at lending rates under 11% per annum. The credits were given by VietinBank’s branch no. 6.
- Standard Chartered Bank lends Rs 3,500 crore to Vedanta
- Central Bank reports US$64.82 billion poured into real estate
- The Big Bank Challenge: How Jaitley dealt with the sector through his Budgets
- Credit unions will use a proportion of €9bn in lending capacity to reduce SME lending costs
- World Bank to end financial support for oil and gas extraction
- PNB Ties Up With Shadow Banks For Co-Orginating Loans Worth Rs 4,000 Crore
- PMC Bank Chief Reveals How He Hid Bad Loans From RBI For 10 Years
- State-Run Banks In Odisha To Operate From 10 Am to 4 Pm From October 1
- Bank Strike: Operations Hit As Thousands Strike Against Mergers In Patna, Bengaluru
- Banking Operations To Be Hit On Tuesday As Employees To Go On Strike
HCMC banks lend VND100 trillion to preferred sectors have 326 words, post on at October 25, 2016. This is cached page on Talk Vietnam. If you want remove this page, please contact us.