Accompany customers to develop production and business

With the motto "rural areas are the market, agriculture is the lending object, farmers are the main customers", the Bank for Agriculture and Rural Development - Nam Thanh Hoa Branch (Agribank Nam Thanh Hoa) always proactively accompanies, shares responsibility, actively supports customers, especially people in rural areas to have conditions to develop production, business, increase income, eliminate hunger, reduce poverty, and strive to become rich sustainably.

Agribank Nam Thanh Hoa officials inspect the use of loans for aquaculture development in Nghi Son town.

After accessing a capital of 200 million VND from Agribank Nhu Thanh, Mr. Tran Van Phuong's family in Can Khe commune invested in developing a comprehensive farm economy, including planting acacia, raising buffaloes, cows... Each year, the farm provides a stable income of more than 100 million VND. Mr. Phuong said that Agribank Nhu Thanh is a close "friend" who accompanies him in the process of developing his family's economy. The loan procedures are simple, convenient, and the disbursement is quick. Thanks to that, farmers can easily access capital to confidently develop their economy.

Agribank Nam Thanh Hoa has always been one of the banks that maintains a leading role in investment credit for the agricultural, rural and farmer sectors, making an important contribution to poverty reduction and new rural development. Accordingly, the bank has allocated more than 80% of its total outstanding credit capital to serve the "three agriculture" sector. As of early August 2024, Agribank Nam Thanh Hoa had a total outstanding loan of more than 17,600 billion VND. Credit capital is brought closer to farmers through coordination with socio-political organizations, such as: Farmers' Association, Women's Union at all levels to build a system of 1,238 loan groups in villages, hamlets, residential areas and mobile transaction points using specialized cars... The promotion of credit policies in agricultural and rural development of Agribank Nam Thanh Hoa has contributed to the development of diverse industries and fields of agriculture and rural areas from cultivation, livestock, aquaculture, forestry, processing to investment, upgrading infrastructure, rural roads in the districts: Nong Cong, Nhu Thanh, Nhu Xuan, Thuong Xuan, Nghi Son town...

To support customers, Agribank Thanh Hoa has cut costs, repeatedly reduced input interest rates to adjust lending rates down. Up to now, the bank has reduced interest rates for more than 55,600 customers, with outstanding loans reduced by nearly VND 13,500 billion, the amount of interest reduction is nearly VND 65 billion. At the same time, it has implemented preferential lending programs, such as: Preferential interest rate program for short-term loans serving production and business activities; preferential interest rate program for short-term, medium- and long-term loans serving living needs; preferential loan program for individual customers serving production and business activities; preferential loan program for individual customers serving living needs; loans for agricultural, forestry and fishery development... In addition, Agribank Nam Thanh Hoa also focuses on investing in agricultural models applying high technology to production; linkage models in agriculture from production, processing, product consumption and export to bring high efficiency; investment in machinery and equipment serving agriculture and rural areas; investment in OCOP products...

Agribank Nam Thanh Hoa has been affirming itself as one of the banks playing a key role in the financial market, always accompanying the socio-economic development of many localities in the province. In the coming time, the bank will continue to expand its network and channels for transferring capital to rural areas, such as: Investing in more ATMs, CDMs; installing more POS machines, payment transaction points via QR-Code, VietQR; opening payment deposit accounts and making non-cash payments through banks; actively deploying e-banking services; card services; deploying preferential credit packages on interest rates focusing on corporate customers in rural areas, lending to models associated with businesses; lending through the issuance of overdraft cards in agricultural and rural areas... In addition, the bank focuses on simplifying loan procedures, ensuring loan safety, improving appraisal capabilities to shorten loan processing time, creating conditions for customers to access investment capital for agriculture and rural areas effectively.

Article and photos: Luong Khanh

Source: https://baothanhhoa.vn/nbsp-dong-hanh-cung-khach-hang-phat-trien-san-xuat-kinh-doanh-222792.htm