Yen Bai Bank helps over 40,500 customers affected by COVID-19 pandemic

Economy

Yen Bai Bank helps over 40,500 customers affected by COVID-19 pandemic

Friday, September 3, 2021

YBO - According to the State Bank branch in Yen Bai province, outstanding loans affected by the COVID-19 epidemic as of July 31, 2021 amounted to 7,067 billion VND, accounting for 25.42 percent of the total outstanding loans in the province.

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Under the direction of the State Bank of Vietnam, banks in the province have removed difficulties for 7,941 customers. In which, the banks rescheduled debt payment deadlines and maintained the same debt group for 348 customers with outstanding loans of 208 billion VND; exempted, reduced interest and kept the debt classification unchanged for 135 customers with total loans of 250 billion VND.

Total new loans from January 23, 2020 to present stood at 8,218 billion VND for 7,458 customers, of whom 146 customers are businesses and cooperatives with total loan turnover of 3,849 billion VND; and 7,312 are individual customers with a loan turnover of 2,501 billion VND.

Commercial bank branches in the province have taken initiative in reducing lending interest rates for existing loans by between 0.2 percent and 2.5 percent/year for 32,594 customers, depending on the extent of customers' losses and the financial capacity of each bank branch.

Banks have lent 603 million VND to 4 enterprises to pay wages for workers who had to stop working.

Le Phien

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Economy