On May 2, 2024, the Prime Minister issued Directive 14/CT-TTg implementing the task of operating monetary policy in 2024, focusing on removing difficulties for production and business, promoting growth and stability. macroeconomic determination.
Specifically, in Directive 14/CT-TTg, the Prime Minister requested the State Bank to immediately deploy and perform tasks and tasks according to assigned functions and tasks. This includes directing credit institutions as follows:
Photo 1. Try to reduce lending interest rates to a reasonable level_Hotline: 097 211 8764
- Actively deploy credit growth solutions, directing credit to production, business, priority areas and growth drivers; Strictly control credit for potentially risky areas, ensuring safety, efficiency and controlling liquidity risks;
- Continue to reduce costs, strive to reduce lending interest rates to a reasonable level; Strictly implement the public and transparent announcement of average lending interest rates so that businesses and people can conveniently choose lending banks with low interest rates, suitable to the requirements of using credit capital;
- Spend time and effort focusing on reviewing and classifying real estate projects to promptly have appropriate credit solutions for each qualified business and project; have appropriate credit solutions for feasible and effective BOT and BT traffic projects in the petroleum sector; Continue to effectively implement policy credit programs;...
- Increase lending to serve daily life and consumption, promote lending through electronic and online forms. Diversify banking credit products and services to suit each customer segment and market, type, and production and business needs of people, businesses, and cooperatives, especially loan needs Legitimate and legal capital to serve people's lives and consumption;
- Promote the implementation of programs, projects and credit policies;
- Actively and proactively implement effectively and practically the bank-enterprise connection program in appropriate forms;
- Continue to implement the policy of restructuring debt repayment terms and maintaining the same debt group according to Circular 02/2023/TT-NHNN, ensuring timely support for businesses and borrowers facing difficulties, while not letting profiteering, violating regulations and misleading nature, bad debt;
- Promote the pioneering and exemplary role of state credit institutions; Strengthen social responsibility and business ethics of credit institutions in sharing and supporting people and businesses according to the viewpoint of "Harmonized benefits, shared risks".
Thus, the Prime Minister requested the State Bank to immediately deploy and perform well the tasks and tasks according to the assigned functions and tasks. In particular, there is the goal of reducing lending interest rates to the most reasonable level, creating conditions for businesses to develop.
See details in Directive 14/CT-TTg effective from May 2, 2024.
=> See more: Supervision of state capital investment in enterprises in 2024
Photo 2. Free legal advice _ Hotline: 097 211 8764
Socio-Economic Summary Department - TLK Law Company Limited
According to thuvienphapluat.vn
Dear readers, TLK Law Company Limited, in addition to providing readers with useful intellectual information about economic, cultural and social life, we are also an organization providing legal services; Professional accounting - tax and trade promotion with many years of experience.
With the desire to fulfill social responsibility, if readers need advice on issues related to the Law, please contact us at hotline: 097 211 8764 to get advice from a lawyer. Direct consultation (completely free consultation).
