Economic News

Investing loans for agricultural, new rural development and fisheries sectors

This is one of directions of Mr. Tran Son Hai - Member of Provincial Standing Committee, Vice Chairman of Khanh Hoa Provincial People's Committee in the conference to summarize the business in 2016 and the deployment of the missions in 2017 of Bank for Agriculture and rural Development (Agribank), Khanh Hoa Branch on the afternoon of February 14th.

In 2016, Agribank - Khanh Hoa Branch is lending for agriculture and rural development than 3,804 billion Dong. Photo: baokhanhhoa.com.vn.

At the conference, Mr. Tran Son Hai appreciated the achievements that Agribank Khanh Hoa achieved in 2016; simultaneously proposed, next time, Agribank Khanh Hoa needs to be interest in loaning for the agricultural and new rural sector to contribute to improving the income of farmers; improve the quality of products and services; improve care customer relation…

According to Agribank Khanh Hoa, in 2016, the unit mobilized capital reached 10,210 billion Dong, up 708 billion Dong compared to the beginning of the year; loans reached 6,321 billion Dong, up 1,064 billion Dong; Non- performing loans ratio accounted for 0.44%/total loans, up 0.06%. In particular, during the year, Khanh Hoa Agribank lends for agriculture and rural development than 3,804 billion Dong; disbursed 61.9 billion Dong to build 14 fishing vessels under Decree 67 of the Government...

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In 2017, Agribank Khanh Hoa strives to attain the following objectives: To raise capital increase at least 14% over the previous year; outstanding loans to the economy increased from 12.5% to 14%; Non- performing loan ratio remains below 0.5%; Service revenues increased by at least 20%; profit from financial activities up 5%...

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