Commercial banks urged to do more to help businesses access capital

(VOVWORLD) -Deputy Prime Minister Le Minh Khai has asked for more solutions to reduce operating costs, lower deposit interest rates, and set up a reasonable interest rate to help businesses access capital, overcome difficulties, and develop production and trading.

Commercial banks urged to do more to help businesses access capital  - ảnh 1Deputy Prime Minister Le Minh Khai chairs the meeting (Photo: VGP/Quang Thuong)

At a meeting in Hanoi on Wednesday with ministries, agencies, and a number of state-owned commercial banks to look for solutions, Mr. Khai insisted on the importance of creating a comprehensive legal environment for credit institutions to operate transparently, give businesses access to credit, and stabilize currency values, the macro-economy, the exchange rate, and the safety of the commercial banking system.

Leaders of Agribank, Vietinbank, BIDV, Vietcombank, MB, and Techcombank agreed to join efforts to further cut deposit interest rates toward reducing lending interest rates and giving credit to priority areas to promote production and business.

 

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