Bank Connection Seminar

On September 24, the Bloc of non-state joint stock commercial banks in the province organized a seminar to connect banks and customers. Attending were leaders of the State Bank of Vietnam, Provincial Branch; the Provincial Business Association and representatives of 70 customers and businesses having credit relationships with banks.

Leaders of the State Bank of Vietnam Provincial Branch spoke at the seminar

The group of non-state commercial banks in the province includes 12 banks. In recent times, commercial banks have focused on comprehensively innovating governance, policies, and business processes; implementing preferential interest rate credit packages for each customer segment and having appropriate interest rate policies to support customers to overcome difficult times and increase access to credit sources. As of the end of August 2024, the total capital mobilization of the group of commercial banks in the province reached over VND 26,200 billion, an increase of more than VND 2,190 billion compared to the end of 2023; outstanding loans reached nearly VND 14,500 billion, an increase of more than VND 1,100 billion compared to the end of 2023.

Leaders of the Provincial Business Association proposed a number of issues regarding interest rates and preferential credit packages for businesses.

At the seminar, customers highly appreciated the bank's support for businesses in supporting interest rates, preferential service fees, implementing digital transformation in the banking sector, and facilitating customers in the transaction process. In the context of businesses facing difficulties due to the impact of the global economic recession and most recently the impact of storm No. 3, customers recommended that banks consider extending loan terms and increasing credit rates; research stimulus packages with preferential interest rates for businesses to restructure, expand production and business; continue to reduce administrative procedures; be more flexible in valuing collateral assets, and expand credit limits so that businesses have the opportunity to expand capital sources...

After listening to the opinions exchanged at the seminar, the leaders of the State Bank of Vietnam Provincial Branch requested that banks closely follow the direction of the State Bank, take advantage of the attention of the superior bank to continue to resolutely, practically and effectively implement support solutions, creating favorable conditions for customers to access credit capital. Timely grasp the production and business situation of customers and enterprises, continue to promote special credit programs and policies, remove difficulties for enterprises and people. Improve and be more open in considering and evaluating production and business service plans and projects, and in accepting pledged and mortgaged assets... on the basis of compliance with the provisions of law.

Representatives of the Non-State Commercial Joint Stock Bank Bloc in the province presented a report on the Bloc's operations.

Implement well the work of information, propaganda, and dissemination of credit policies to organizations and individuals in the area so that they can grasp and access credit sources in a timely manner. In particular, banks proactively review and summarize the damage of customers who are borrowing capital and are affected by storm No. 3, on the basis of closely following the direction of the superior bank to promptly implement support measures, remove difficulties for customers such as restructuring debt repayment terms, considering loan interest exemption and reduction, continuing to provide new loans to restore production and business after the storm... according to current regulations.

Business associations and branches need to promote their role as a bridge, proactively grasp the difficulties and problems of each enterprise, industry group, and field to reflect and make recommendations to functional sectors and the banking sector to remove obstacles, consider and resolve appropriate credit capital needs.

Nguyen Hue

Source: https://baophutho.vn/toa-dam-ket-noi-ngan-hang-khach-hang-219609.htm