As of September 1, 2018, the provincial Environmental Protection Fund has provided a part of the cost of guarantee for the group of borrowers to invest in environmental protection with a loan guarantee guarantee. Letter of guarantee of the bank, preferential interest rate is only 3.6% per year. That is the decision of the Fund Management Board recently released.
According to the representative of the provincial environmental protection fund, in the coming time, the fund will continue to consider and adjust preferential lending rates for other subjects, with the aim of supporting more and more organizations. Individuals making investment in environmental protection. The adjustment of lending interest rates contributes to preventing and treating environmental pollution, socio-economic development, attracting investment of the province and at the same time ensuring compliance with the motto of sustainable development. between socio-economic benefits and environmental protection.
The Provincial Environmental Protection Fund has set a goal to the end of 2018 to appraise and sign credit contracts to support businesses with loans of VND 50 billion, disbursements of VND 42 billion, and debt collection of VND 32 billion without bad debt; Striving for outstanding loans at the end of the year reached over 98 billion, credit growth reached over 16% over the previous year.
Reported by T.N - Translated by Vi Bao
