Accordingly, the CIs are requested to continue to effectively implement the solutions and tasks as directed by the SBV in 2024 to support enterprises to overcome the difficulties, and to promote the production and business activities.
The CIs are also requested to follow closely the directions and the policy of the Government and the SBV, continue to implement strongly the solutions to reduce the costs, review their fees with a view to considering possible exemptions and reductions of all unnecessary fees; publicize the fees applied by the credit institutions to the provision of their products and services; simplify the lending procedures; enhance the application of information technology in the lending processes to reduce the common lending interest rates in order to support enterprises and the people to develop their production and business activities, and to promote the economic growth.
Besides, the CIs are further requested to continue to implement the solutions to ensure safe and effective credit growth, promptly meeting the capital demand of the economy (especially the capital demand for production, business and consumption on the occasion of the 2025 Lunar New Year), and directing credit to production and business sectors, the priority sectors, and the growth drivers of the economy in accordance with the Government's policy.
Continuing to promote the implementation of the credit programs and policies as directed by the Government, the Prime Minister, and the SBV, such as: the credit packages for the social housing loans, housing for workers, the reconstruction projects of old apartment buildings; the credit program worth VND 60 trillion for the forestry and fishery sectors; the credit program for the production, processing and consumption linkages of high-quality and low-emission rice products in the Mekong Delta, etc.
Diversifying the banking credit products and services which are suitable to each customer segment; proactively communicating on the policies of the interest rates applied to the credit programs and products of the credit institutions to help all customers access those policies.
Implementing the banking sector’s solutions to help the people and businesses negatively affected by Typhoon Yagi (Typhoon No. 3) to recover and promote their production and business activities, boosting the economic growth; continuing to effectively implement the Bank - Enterprise Connection Programs, etc.
Source: SBV
