Over 17.6 million USD loan for economic recovery and development

(BGO) – Since early this year, Bac  Giang province has disbursed some 5.2 billion VND (220,000 USD) to implement Government’s Resolution No.11 on January 30, 2022 about socio-economic recovery and development (Resolution No.11) and National Asssembly’s Resolution No.43 about fiscal and monetary policies supporting the Resolution No.11, reported the Bac Giang branch of Social Policy Bank.

In accumulation, total loan balance in the province hit over 418 billion VND (17.6 million USD) for 5,881 clients in line with Resolution No.11.

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The loan borrowers were affected by Covid-19 pandemic. The loan is offered with preferential interest in 2022 and 2023.

The maximum loan is 80 percent of the social house purchasing contract; 70 percent of the cost estimation to build or revamp house or less than 500 million VND and 70 percent of asset value that secures the loan.

Reduce costs to lower loan interest rates, PM tells banks

Prime Minister Pham Minh Chinh has called on banks to cut costs to be able to reduce loan interest rates and help boost economic recovery.

 

Prime Minister asks EIB for preferential loans

During an official visit to Luxembourg on Saturday, Prime Minister Pham Minh Chinh requested the European Investment Bank (EIB) give Vietnam preferential loans to help the country develop its economy.

 

315 billion VND loan for post Covid-19 production recovery paid off on time

(BGO) – Implementing Government’s Resolution No.68.NQ-CP on July 1, 2021 about policy to support employers and employees affected by Covid-19 pandemic, as of this August, the Bac Giang branch of Social Policy Bank disbursed loan for 91 businesses totally worth about 485 billion VND (20.6 million USD), including 16 foreign direct investment companies.

 

Loan package under Resolution 68: Businesses pay off capital on time

(BGO) – Implementing Government’s Resolution No. 68/NQ-CP (Resolution 68) on a number of policies to support employees and employers facing difficulties due to the Covid-19 pandemic, many enterprises in Bac Giang province accessing to preferential bank loan have overcome the difficulties, stablized business and production activities. Some have gained highly increased revenue then positively contributed to state budget and paid off the loan capital.

 

Luc Ngan to ensure power supply and loans for lychee season

(BGO)- In order to meet the demands for lychee processing and consumption, Luc Ngan Electricity Branch (in northern province of Bac Giang) and commercial banks in the district have worked out production and business plans to prevent shortage, congestion and disruption of the supply chain of goods and necessary services.