In 3 months, Ho Chi Minh City disbursed nearly 236 trillion VND in preferential credit capital.

This credit package is part of the Ho Chi Minh City Bank-Business Connection Program, which is implemented annually to support businesses, business households, and cooperatives in accessing capital at preferential interest rates. In the program, banks will also give credit limits, reduce old loan interest rates, and provide payment services to customers.

The aquaculture sector continues to receive preferential interest rates from banks with larger credit packages - Photo: Dinh Hai

Mr. Nguyen Duc Lenh - Deputy Director of State Bank Region 2, said that the amount of credit capital disbursed above is equal to 45.6% of the credit package scale of credit institutions registered to participate in the program. This reflects that the Bank - Enterprise Connection Program in the city continues to record positive effects.

The representative of the State Bank of Region 2 said that the low interest rate policy has reduced financial costs, stimulating investment in production and business development. At the same time, the Central Bank's orientation to expand credit to support businesses and the improved business environment has promoted credit disbursement.

Although the economy was affected by unfavorable factors in the first months of this year due to the world economic situation and the new US tariff policy. However, the exchange rate and foreign exchange market continued to remain stable, inflation was controlled, and ministries, sectors and localities had solutions focused on economic and social growth and development according to the annual plan. "The monetary and credit policies of the Central Bank with the core task of promoting economic growth and stabilizing the macro economy, creating conditions for production and business activities to absorb credit capital", Mr. Lenh said.

The Central Bank uses a variety of effective credit solutions and programs to support businesses and promote industry groups that are the driving force for economic growth.

Commercial banks are currently looking for customers who are project investors and buyers of social housing and low-income housing to continue disbursing housing credit packages with a credit package size of up to 145 trillion VND.

Since the beginning of the year, commercial banks have also increased the scale of the agricultural - forestry - fishery credit package registration to 100 trillion VND (in 2024, the scale will be 60 trillion VND), lending at interest rates 1.5-2% lower than normal loans; banks have announced housing loan credit packages for young people, people under 35 years old...

Accordingly, Ho Chi Minh City's economy in the first quarter of 2025 compared to 2021, in which services and tourism boomed, credit poured into this sector increased the highest in the total outstanding credit in the area.

Source: https://thoibaonganhang.vn/3-thang-tp-ho-chi-minh-giai-ngan-gan-236-ngan-ty-dong-von-tin-dung-uu-dai-163242.html