Loan supports for cooperatives on production and business
05/07/2022
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(binhthuan.gov.vn) In order to attract investment on socio-economic development
in a number of fields and industries, in recent years, the Government has
issued many policies such as investment supports, tax exemption and reduction,
credit supports, etc., for beneficiaries including cooperatives and unions of cooperatives.
To implement the
above credit policies thoroughly, as well as to create consensus in
implementation, the provincial State Bank has actively coordinated with
relevant departments and the provincial Cooperative Union, political
organizations to propagate, deploy, grasp and promptly handle difficulties and
obstacles in the implementation of policies. At the same time, to direct,
inspect and supervise the commercial banks in the province in promoting capital
mobilization and lending in association with the implementation of the above
credit policies.
In order to continue
to support and create conditions for Cooperatives to develop production and
business, in addition to well implement the current credit policies, in the
coming time, the provincial State Bank will focus on implementing policies to
support interest rate subsidy of 2%/year with capital from the state budget
according to Decree 31/2022/ND-CP and Circular no 03/2022/TT-NHNN dated May 20,
2022 of the State Bank. The cooperatives need to continue to review and
restructure their operation to improve governance and financial capacity, at
the same time strengthen linkages in production and consumption within the value
chain... thereby, increasing the accessibility to loans and the level of
enjoyment of credit policies.
Nguyễn
Phương