Carrying out its core mission in supporting the development of “three farmers”, the Vietnam Bank for Agriculture and Rural Development, North Thanh Hoa Branch (Agribank North Thanh Hoa) has had many solutions to mobilize capital, meet the demand for loans, and contribute to the socio-economic development in the area of operation. In addition, the bank has proactively shared responsibilities, actively supported customers to have conditions to develop production and business, increase income, and contribute to the implementation of the National Target Program on New Rural Development in localities.
More than 80% of Agribank Bac Thanh Hoa's outstanding loans are invested in rural agriculture.
Mr. Nguyen Van Canh, owner of a business trading in construction materials, bricks, tiles and sanitary equipment in Nga Hai commune (Nga Son) is a traditional customer of Agribank Nga Son - Bac Thanh Hoa, said: “For more than 20 years, my family has always received support and capital supply from Agribank Nga Son. The bank has always accompanied and supported my family to overcome difficulties and develop as it is today. With stable interest rates, fast and timely capital disbursement to meet the family's investment and business expansion needs, the store operates effectively, creating jobs for dozens of workers. The average net profit of the business is 500 - 600 million VND/year".
To make it easier for people to access credit sources, Agribank Nga Son focuses on developing a network of lending groups, strengthening locality, promoting preferential credit policies and guidelines on agriculture to each village and hamlet; providing maximum support in procedures to unblock Agribank capital flows in the district. Not only providing loans, Agribank Nga Son also supports businesses with many modern payment solutions of digital banking such as: salary payment, payment of national public services, payment of electricity, water, tuition, payment via VietQR code...
Agribank Bac Thanh Hoa was established and put into operation on January 1, 2019 on the basis of separation from Agribank Thanh Hoa, operating in the districts of Nga Son, Hau Loc, Hoang Hoa, Thach Thanh, Ha Trung, Vinh Loc and Sam Son city, Bim Son town. Coming into operation, Agribank Bac Thanh Hoa closely follows the province's socio-economic development policies and orientations to implement timely, flexible and effective solutions, determined to excellently complete the annual business plan targets, actively contributing to the socio-economic development in the province. With the achievements, at the end of August 2024, Agribank Bac Thanh Hoa was honored to be awarded by the Chairman of the Board of Members and General Director of Agribank as a unit with excellent business results for 5 consecutive years. By the end of August 2024, Agribank Bac Thanh Hoa had disbursed loans to nearly 40,000 customers with a total outstanding loan balance of nearly VND 19,000 billion; of which over 80% was for rural agriculture, notably providing capital with low interest rates through preferential programs, lending for rural agriculture development through local Party committees, authorities, associations, lending to serve small and medium enterprises, developing rural agriculture economy, lending for rural consumption...
Promoting the implementation of credit policies in agricultural and rural development of
Agribank Bac Thanh Hoa has contributed to the development of diverse industries and agricultural and rural areas from cultivation, livestock, seafood, processing to investment and upgrading of infrastructure and rural roads... Thanks to access to capital from Agribank Bac Thanh Hoa, people have more conditions to expand their scale and improve their production and business skills; many farming households have applied scientific and technical advances in production, improved productivity and quality, developed household economy, and achieved high income; enterprises in the agricultural sector have made great strides in business, created many jobs for workers, and contributed significantly to local budget revenue.
Article and photos: Khanh Phuong
Source: https://baothanhhoa.vn/tiep-tuc-giu-vung-va-phat-huy-thuong-hieu-agribank-bac-thanh-hoa-223369.htm
Comment (0)