Accordingly, it is estimated that there are about VND 20,000 billion in loans from now to the end of the year, so there is no shortage of capital for businesses, especially businesses with good business plans, transparent books and finance.
On the business side, Mr. Chu Tien Dung, Chairman of Ho Chi Minh City Association of Enterprises, acknowledged that enterprises feel the companionship of the Government and banks, but the ability to absorb policies of enterprises is still low. In the context of the Covid-19 translation having a great impact on enterprises, especially small and medium-sized enterprises that banks require enterprises to have collateral, it is very difficult to prove that the cash flow to pay debts to get loans is very difficult. Banks need to share risks with businesses to create conditions for businesses to access capital and overcome difficulties.
On the side of commercial banks, Mr. Nguyen Thanh Nhan, Head of Corporate Banking Division of Ban Viet Bank, said that this bank has interest support packages for businesses that do not have collateral at low interest rates. Enterprises borrow additional capital for production and business at the end of the year, but the barrier is that small and medium enterprises have not had an effective business plan. Enterprises who want to get loans must prove their feasible and transparent cash flow business plans.
Source: sggp.org.vn – Translated by fintel.vn