(ĐN)- Dong Nai-based banks provided loans totaling VND52.2 trillion to local rural and agricultural development projects as of Jan-end.
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(ĐN)- Dong Nai-based banks provided loans totaling VND52.2 trillion to local rural and agricultural development projects as of Jan-end.
The figure accounted for some 24.3 percent of total loans and increased around 0.4 percent compared to the end of 2019, according to Dong Nai branch of State Bank.
Of the total, outstanding loans secured by assets were more than VND41.8 trillion, loans without collateral made up VND10.4 trillion.
Currently, the lending rates for short-term loans remain at 6-9 percent per year, medium and long-term at 9-11 percent.
In 2020, the branch will continue to give priorities to agriculture and rural development, thus helping increase farmers' income and life.
Reported by H.G
