The banking sector will facilitate businesses and
cooperatives’ borrowing loans for agricultural development
Accordingly, SBV suggests that credit institutions
focus on the loans in areas of production, sectors and preferential areas for
development; further make loans to businesses, cooperatives, and production
households to develop agricultural products, non-agricultural products,
advantageous services in each locality according to the value chain to
contribute to fulfilling the objectives of the “One Commune, One Product”
Program; research, develop and diversify credit products to suit each type of
customer, especially small-and- medium-sized businesses and cooperatives and the
Program’s beneficiaries; update the loan-making process, simplify loan-making
procedures, and facilitate customers’ access business and production loans but
still ensure some level of safety for loans; actively carry out the credit
program for sectors and fields according to the government’s guidelines such as
credit policy for agricultural and rural development under Decree no. 55;
loan-making programs to reduce post-harvest losses for agricultural and aquatic
products; actively participate in the program of connecting local banks and
businesses and work directly with loan borrowers to help remove difficulties in
credit relations, and create favorable conditions for businesses, cooperatives
and production households to gain an access to credit loans according to
regulations.
SBV’s branches in provinces and cities need to
regularly monitor and direct local credit institutions to effectively implement
the Bank and Business Connection Program, and other programs according to the
government’s guidelines.
It is necessary to be proactive to coordinate with
departments, committees and sectors; local socio-political organizations are
supposed to disseminate propaganda information and the contents of the “One
Commune, One Product” Program as well as the bank’s guidelines and policies for
businesses, cooperatives, and production households; and timely grasp both
difficulties and problems occurring in the process of accessing bank credit
loans including the participants of the “One Commune, One Product” Program to
find out practical and effective solutions.
The “One Commune, One Product” Program is introduced
by the State Prime Minister according to Decision no. 490/QD-TTg with the aim of
developing forms of production and business to create the traditional products
and services that have advantages, meet required standards, and have a strong
competition on both domestic and international markets to contribute to economic
restructuring, improving people’s income and life, having agriculture and rural
areas industrialized and modernized, and implementing the Agriculture
Restructuring Project and improving the National Target Program of constructing
a new countryside.
Duy Minh (Van Minh)