(ĐN)- As of end-May, Dong Nai-based banks provided loans of more than VND17 trillion to local rural and agricultural development projects, an increase of 15.8 percent compared to the end of 2014, according to Dong Nai Branch of Agriculture.
(ĐN)- As of end-May, Dong Nai-based banks provided loans of more than VND17 trillion to local rural and agricultural development projects, an increase of 15.8 percent compared to the end of 2014, according to Dong Nai Branch of Agriculture.
Particularly, outstanding loans secured by assets represented about 88% of total rural and agricultural loans, while loans without collateral accounted for 12%.
Since 2014, the branch has offered loans totaling over VND12 billion to 26 agricultural projects under Decision No. 68/2013/QĐ-TTg of the Prime Minister on the support policy for limiting damages in agriculture.
Reported by B.N