Supply Loan Capital To Rescue Rice, Rice Survival In The West

The State Bank has just had the documents to direct commercial banks to increase the issued credit limits for traders and enterprises to buy temporary storage of rice, rice. Last time, Covid-19 translation has negatively affected , causing congestion and breaking the supply chain production, distribution, circulation, consumption, export of paddy, rice, especially in the Mekong Delta region (Mekong Delta). Country (SBV) has asked commercial banks to actively balance and ensure full and timely response to capital demand and additional credit limits issued to traders and enterprises (enterprises). This is intended to help businesses with capital to buy temporary storage of paddy, rice and raise the area, the quality of storage, preservation, rice processing, rice, contributing to minimizing the congestion in circulation, rice plants, Rice in the Mekong Delta. In that, banks need to simplify internal processes and procedures, shorten the loan approval time; Diversify suitable types of credit products

. Direct working with traders and enterprises to have solutions to solve difficulties, creating favorable conditions for enterprises and traders to access capital for services. Purchasing temporary storage of paddy, rice. However, lending to ensure current credit principles, managing cash flow and debt recovery
At the same time, banks need to solve difficulties for customers, including trades Nhan, enterprises, people producing and trading in paddy, rice are affected by Covid-19 such as: restructuring the debt repayment term, maintaining debt group, exemption, interest rate reduction, fees, loans to restore production, Business ... In addition, the SBV also requires the SBV to branches in the Mekong Delta, the Mekong Delta needs to close the movements, market situation and lending to buy temporary storage of rice and rice of commercial banks Tables to promptly report to People's Committees of provinces and cities and governors of SBV solutions to solve difficulties and problems in the implementation process.

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