The program has facilitated businesses to maintain, stabilize and develop production, contributing to enhancing the city’s socio-economic development as well as tackle difficulties in capital and lending interest rates. Participating enterprises will enjoy the interest rate designed for the prioritized areas.

The credit institutions have focused on implementing credit programs and packages, ensuring the supply of capital resources for the economy, creating favorable conditions for businesses to access bank loans and push up credit disbursement.

Besides, they have also taken measures to tackle obstacles in loans, interest rates, debt restructuring, and effective supply of capital for businesses, particularly the small and medium-sized enterprises (SMEs) and other priority areas.

As of May 31, the credit institutions in Ha Noi lent  VND1,300,948billion, up 5.12% compared to December 31, 2015; including total outstanding loans to the economy that reached VND973,692billion, accounting for 74.84% and up 4.58%; short-term loans growing by 1.59%, and long and mid-term loans hiking up 7.04% compared to the end 2015.

By Viet Cuong