Banks in Dong Nai provide over VND 8 trillion credit for agriculture and rural development

04:12, 06/12/2010

(ĐN)- According to the latest figures released by Dong Nai Branch of the State Bank of Vietnam, Dong Nai based banks have so far this year provided VND 8,075 billion in loans for more than 200,000 clients who were agricultural producers and traders under the government’s Decree 41/2010/ND-CP on new credit policies for agricultural and rural development.

(ĐN)- According to the latest figures released by Dong Nai Branch of the State Bank of Vietnam, Dong Nai based banks have so far this year provided VND 8,075 billion in loans for more than 200,000 clients who were agricultural producers and traders under the government’s Decree 41/2010/ND-CP on new credit policies for agricultural and rural development. The figure accounted for nearly 19 per cent of the total outstanding loans at the banks, representing an increase of almost 20 per cent as compared to the end of June 2010 when started implementation of Decree 41/2010/ND-CP. Especially, lending from Dong Nai based commercial banks has reached VND VND 4,568 billion, including over VND1,000 billion of unsecured loans which accounted for 13 per cent of total lending at banks.

Reported by K.N