On April 25, the Provincial People's Committee held a teleconference to solve difficulties and obstacles for businesses and people borrowing money from banks and black credit restriction. Mr. Nguyen Van Phong, Deputy Party Secretary and Chairman of the Provincial People's Committee chaired the conference....

On April 25, the Provincial People's Committee held a teleconference to solve difficulties and obstacles for businesses and people borrowing money from banks and black credit restriction. Mr. Nguyen Van Phong, Deputy Party Secretary and Chairman of the Provincial People's Committee chaired the conference....

The delegates attended at the conference

According to the report of the State Bank of Hung Yen branch, in the first quarter of 2019, credit institutions (CIs) in the province have implemented a variety of accumulated savings products suitable to each subject, set out suitable mobilizing interest rates to attract the idle capital of the population, increase mobilizing capital and timely meet the local economic development. By 31/3/2019, the total capital of CIs in the province reached over VND 76.8 trillion, seeing an increase of nearly VND 4 trillion as compared to December 31, 2018. Total outstanding loans to the economy of CIs reached over VND 57.3 trillion,  seeing an increase of nearly VND 1.5 trillion as compared to December 31, 2018. In order to effectively implement the local economic program objectives, CIs have focused and prioritized the capital and increased outstanding loans for priority areas to support people and businesses. The preferential credit policies for corporate loans and people are implemented in accordance with regulations.

For the implementation of bank credit activities to limit black credit, the State Bank of Hung Yen branch assigns the system of Agriculture and Rural Development Bank to allocate a minimum capital of VND 5 trillion to give such objects as individuals and households in legal and urgent purposes such as: Purchasing household appliances, equipment, learning expenses... and proving the source of debt repayment. So far, banks in the area have given consumer loans to serve the life of over VND 4.7 trillion with more than 25 thousand outstanding customers.

At the conference, representatives of businesses, farm owners and production households requested the banking sector and departments, localities to raise the lending limit, create favorable conditions for accessing loans; remove difficulties and obstacles in the process of issuing red books; raise the loan term and norms; give a more open mechanism in mortgage loan of assets...

Speaking at the conference, Chairman of the Provincial People's Committee Nguyen Van Phong highly appreciated the operation of the banking system in the province. He requested the Department of Natural Resources and Environment to ensure the procedures for registering property ownership on land, grant the property ownership certificates on land; coordinate with the People's Committees of districts and city to complete the province's plan on granting land use right certificates to people; submit to the Provincial People's Committee to handle redundant land. The Department of Planning and Investment cooperates with the Provincial Taxation Department to publicly announce that enterprises have stopped working with state management agencies, avoiding risks to credit institutions. The Department of Agriculture and Rural Development in collaboration with the People's Committees of districts and city recognized and issued the certificates of farm eligibility criteria; coordinated with the Department of Science and Technology to advise the Provincial People's Committee to grant the certificates of clean agricultural areas and high-tech agricultural applications. The Provincial Business Association mobilizes enterprises to record assets on leased land into land use right certificates; strictly abide by the civil judgment execution related to bank loans. Associations and unions promote the propaganda and dissemination to their members about the policies and capital incentives of the banks to serve the needs of production, business and consumption of people, avoiding abetting and black credit loans. To work closely with agricultural and rural development bank branches in transferring bank loans to members to carry out production, business and services. The Department of Provincial Civil Judgment Enforcement directs the district-level civil judgment enforcement agencies to implement cases related to credit institutions; strengthen political and ideological education, and enhance the responsibilities of executors in the implementation of public duties and the enforcement of cases related to credit institutions with conditions to implement. The People's Committees of districts and city coordinate with the State Bank of Hung Yen branch to strengthen the management of people's credit funds’ operation in the area. The State Bank of Hung Yen Branch directs credit institutions and people's credit funds in the province to promote the effective implementation of the banking-business connection program; coordinate closely with departments, branches, the People's Committees of districts and city, the provincial Business Association to carry out credit policies to serve rural development; propose solutions to prevent, fight against and limit law-breaking activities in credit transactions; enhance the role of state management, strengthen the inspection and supervision of the people's credit funds’ operation. Credit institutions promote the reform of administrative procedures, shorten the time to approve loans, diversify types of credit products and banking services suitable to each customer in accessing capital and banking services; strictly implement the provisions of law and the sector on credit activities; strengthen the inspection, control and strictly handle units and individuals who abet and collude with the subjects of usury. 

Nguồn trích dẫn: baohungyen.vn