Rural and agricultural loans reach VND30.9 trln

03:12, 18/12/2017

(ĐN)- As of end-December, Dong Nai-based banks provided loans of approximately VND30.9 trillion to local rural and agricultural development projects under the Decree No 55/2015/NĐ-CP, a year-on-year increase of over 29 percent.

(ĐN)- As of end-December, Dong Nai-based banks provided loans of approximately VND30.9 trillion to local rural and agricultural development projects under the Decree No 55/2015/NĐ-CP, a year-on-year increase of over 29 percent.

The figure accounted for some 19 percent of total loans, according to Dong Nai branch of State Bank.

Particularly, outstanding loans secured by assets represented about 86.1% of total rural and agricultural loans, while loans without collateral accounted for 13.9%.

Reported by H.G