Agricultural loans account for 26 pct of total loans

09:03, 03/03/2019

(ĐN)- As of Feb-end, Dong Nai-based banks provided loans of some VND48 trillion to local rural and agricultural development projects, an increase of 0.35 percent compared to the end of 2018.

 

(ĐN)- As of Feb-end, Dong Nai-based banks provided loans of some VND48 trillion to local rural and agricultural development projects, an increase of 0.35 percent compared to the end of 2018.

The figure accounted for nearly 26 percent of total loans, according to Dong Nai Branch of Viet Nam Bank for Agriculture and Rural Development.

Particularly, loans secured by assets represented about 22% of total rural and agricultural loans, while loans without collateral accounted for 78%.

In this period, outstanding loans for new-style rural building in Dong Nai also reached over VND47.5 trillion, up 1.19 percent from a year earlier.

Reported by H.Q