NCB PARTICIPATED IN BANK-ENTERPRISE CONNECTION CONFERENCE IN HANOI CITY

The Conference aimed to create the favorable space and environment for enterprises and credit institutions in the city in mobilizing capital and disbursing credit capital for business operation purposes; At the same time, the Conference sought to take measures to resolve obstacles for enterprises in Hanoi City and provide credit capital for socio-economic development of the Capital. Among the attendants, there were Mr. Nguyen Doan Toan - Vice Chairman of the People's Committee of Hanoi City; Mr. Nguyen Dong Tien - Deputy Governor of the State Bank of Vietnam - Hanoi Branch, as well as representatives of the departments, industrial associations, 80 credit institutions, and 200 enterprises in Hanoi City. As the representative of National Citizen Bank (NCB), Mr. Dang Minh Hai - Deputy General Director of NCB, attended and gave a speech at the event.

Mr. Dang Minh Hai - Deputy General Director of NCB, gave a speech at the Conference

The conference is expected to contribute to resolving difficulties and setting up an open and favorable regime for enterprises. This is also an opportunity for enterprises to access loans at reasonable interest rates and convenient services to have their capital needs met as earliest as possible.

Speaking at the Conference, Mr. Dang Minh Hai - Deputy General Director of NCB, said: Through this Conference, enterprises will be facilitated to access low-interest loans for development of business operations, promotion of growth, and socio-development in the area of Hanoi City, contributing to stabilize the market, control inflation, and ensure social security in the area as directed by the State Bank. This is also an opportunity for credit institutions to promote favorable loan offers and maintain credit growth. And, in that context, NCB will join hands and accompany enterprises, helping them access favorable credit capital and resolving their difficulties.

Officers of NCB are giving advice on financial matters to enterprises at the Conference

In an effort to welcome the direction on enterprise support, NCB has offered specific favorable products to enterprises, such as: Providing enterprises with additional short-term working capital; financing them in their construction projects; offering favorable car loans to corporate customers and loans without security assets to SMEs, etc. Specifically, from April through December 2016, NCB carried out a favorable loan program of 1,000 billion dong to offer short-term loans to enterprises.

Besides, NCB has taken active steps in researching and investigating current situations to design appropriate products for enterprises in specific sectors, such as: credit products for paper enterprises in Bac Ninh; loan products for travel agencies in Tuan Chau, Quang Ninh; capital loans for business enterprises in Phu Quoc; loan products specifically designed for petroleum enterprises; loans for logistic enterprises; loans for car agencies, etc.

In the upcoming time, NCB will continue launching a series of new products specifically designed for each business sector to better meet capital demands of enterprises. NCB will offer programs specifically designed for female customers, a strategic segment in the next development stage of NCB.

Through these programs, NCB hope that it will better meet customers' demands for capital and maintain the guideline as being customers' trusted financial advisor and companion.

In the framework of the Conference, 10 credit institutions and 11 enterprises, on behalf of the participants, have established connections and entered into coordination programs for loans with total committed capital of nearly 3,000 billion dong.