No collateral can still borrow 3 billion dong from the bank

BẢO LÂM |

Dak Nong - Bank leaders said that the loan amount without collateral ranges from 100 million VND to 3 billion VND.

On November 26, Dak Nong Cooperative Alliance organized a dialogue conference between leaders of departments and branches with collective economic delegates in 2024.

Here, Cooperatives are interested in more convenient access to capital sources, especially loans with low interest rates.

Mr. Nguyen Ho Huu, Deputy Director of the State Bank of Vietnam, Dak Nong Province Branch, said that the Government is implementing many preferential credit programs with low interest rates.

For 5 priority areas for short-term loans, the maximum interest rate applied is 4%/year. The loan amount without collateral is from 100 million VND to 3 billion VND.

Credit policy to encourage agricultural production under the linkage model and encourage agricultural production applying high technology considers unsecured loans up to 70 - 80% of the value of the project, production plan or contract value.

Ong Nguyen Ho Huu, Pho Giam doc Ngan hang Nha nuoc Chi nhanh tinh Dak Nong, chia se tai buoi doi thoai. Anh: Thanh Nga
Mr. Nguyen Ho Huu, Deputy Director of the State Bank of Vietnam, Dak Nong Province Branch, shared at the dialogue. Photo: Thanh Nga

In addition, at the dialogue, the Cooperative raised many questions needing advice and support for agricultural development, packaging, labeling, product certification, certification of growing area codes...

Mr. Ngo Xuan Dong, Deputy Director of Dak Nong Department of Agriculture and Rural Development, said that every year, documents are issued to districts and Gia Nghia city to register the need for support for product, packaging, and label certifications to synthesize and propose support.

The agricultural sector is ready to advise and support cooperatives and cooperative groups, including many free fields.

Dak Nong Agricultural Development Department is ready to support individuals and cooperatives in need of granting codes for agricultural growing areas for export or domestic growing areas.

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PHAN TUẤN |

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