New credit policy for agricultural, rural development (12/6)
12/06/2015 - 15 Lượt xem
Accordingly,
the capital will be served for producing, purchasing, processing and
consuming farm products; industrial production, trade and services in
rural areas; offspring production and provision of products and services
for agricultural production; developing business in rural areas;
implementing the national target program on building new-style rural
areas; daily consumption of residents in rural areas; and the
Government’s economic programs related to agriculture and rural areas.
Individuals, households, collectives, home
businesses and farm owners can borrow maximum loans from VND50 million
up to VND3 billion depending on purposes and in accordance with legal
regulations.
Interest rates will be negotiated between customers
and credit institutions in line with regulations of the State Bank of
Viet Nam and will comply with the Government’s regulations for loans
decided by the Government.
For loans from the Government’s funds or entrusted
organizations and individuals, the interest rates will be in accordance
with the Government’s regulations or negotiations between the customers
and the entrusted organizations and individuals.
Credit institutions and customers base on business
and production cycles, projects’ capital recovery period, business and
production plans, repayment capacity of customers and credit
institutions’ capital source to negotiate loan duration and interest
rates.
Source: Chinhphu.vn
Source: Chinhphu.vn
