(VOVworld) – Ho Chi Minh’s commercial banks have contributed significantly to helping enterprises overcome difficulties and resume business by providing them with loans worth nearly 7 trillion USD over the past year. This was highlighted at a meeting organized by Ho Chi Minh municipal People’s Committee on Thursday to review a program to realize the government resolution No.2 on monetary and credit policies for businesses.

State Bank Governor Nguyen Van Binh. Photo: internet

Speaking at the meeting, State Bank Governor Nguyen Van Binh praised the efficiency of the program and said the model would be expanded across Vietnam.He said: "The program has seen encouraging results. We urge commercial banks that have participated in the program to continue with the model while calling on others to register with municipal authorities in order to give loans to businesses."
The State Bank of Vietnam’s branch in Ho Chi Minh City says it will try to provide businesses with loans of around 1 trillion USD this year.