VND36.3 trln disbursed for new rural communes

10:03, 28/03/2017

(ĐN)- As of March-end, Dong Nai branch of State Bank provided loans totaling more than VND36.3 trillion to new rural communes in the province.

(ĐN)- As of March-end, Dong Nai branch of State Bank provided loans totaling more than VND36.3 trillion to new rural communes in the province.

Besides, credit organizations disbursed over VND25.5 trillion worth of loans for rural and agricultural development projects in the locality, up 7 percent compared to the end of last year.

Currently, short-term lending interest rates in the agricultural sector are 6-7 percent per year while middle and long-term one are between 9 and 10 percent per year.

Reported by U.N