Additional preferential loans for agriculture

03:03, 31/03/2015

(ĐN)- Credit for the agricultural sector in Dong Nai has made significant improvements, Dong Nai Branch of the State Bank of Vietnam.

(ĐN)- Credit for the agricultural sector in Dong Nai has made significant improvements, Dong Nai Branch of the State Bank of Vietnam.

By the end of March, total outstanding loans of credit institutions in the locality according to Governmental Decree 41/2010/ND-CP reached nearly VND16.3 trillion, an increase of more than 10 percent compared to the end of last year, accounting for some 17 percent of the province’s total loans.

Particularly, outstanding loans secured by assets represented about 87.1% of total rural and agricultural loans, while loans without collateral accounted for 12.9%.

Reported by K.M