Businesses

Over 2,600 SMEs get preferential loans

WEDNESDAY, 22/11/2017 10:53:06

By November 20, over 2,600 small- and medium-sized enterprises (SME) in Hai Duong province had accessed preferential loans of banks with total outstanding loans exceeding VND14 trillion, up 18.5% year on year.

The SMEs mainly borrowed money to expand workshops, install equipment and machinery, or import raw and auxiliary materials for production.

Since early this year, outstanding loans for SMEs have always been higher than other lending programs because the enterprises enjoy lower interest rates than normal ones by 1-2%/ year, according to a representative of the State Bank's Hai Duong branch.

Commercial banks in the province have provided a lot of preferential credit packages for SMEs as directed by the Government.

(HaiDuongnews)

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