Through credit packages with preferential interest rates, and products and services customised to each customer group’s needs, banks focus on helping enterprises access capital to restore production and business.
Banks in HCM City are focusing on measures to mitigate the difficulties faced by businesses due to the Covid-19 pandemic and help them get back to health.
Experts have forecast that credit demand will increase faster in the coming months as production and business activities in the country return to a normal pace
According to Viet Nam Chamber of Commerce and Industry (VCCI), up to 70 per cent of small and medium sized enterprises (SMEs) have had difficulties in getting loans due to not meeting the requirements of lenders.
Banks have launched credit packages with preferential interest rates, aiming to assist capital sources for businesses and further boost domestic production.
The banking – enterprises connection programme enabled around 22,000 businesses in HCM City to borrow over VND280 trillion (US$12.5 billion) from banks last year.