Thuy Trieu
Nguyen Van Hoan, deputy general director of OceanBank, said household enterprises, small and micro businesses had strong demand for bank loans to supplement their working capital and fund their short-term investments. Therefore, short-term credits for such customers are on the rise at this commercial joint stock bank, Hoan noted.
“Household businesses often rely on loan sharks to seek short-tem funding in peak business seasons. In the past two years, banks including OceanBank have been targeting these entities,” Hoan said.
OceanBank has designed a credit package for household, small and micro enterprises with affordable interest rates, simple procedures and additional services, he said.
As one of the lenders focusing on household businesses, SeABank, also a commercial joint stock bank, reported credit growth of some 4.5% against early this year but outstanding loans for household businesses, which are counted as personal loans at the bank, grew over 20%, said Dang Bao Khanh, general director of the bank.
Since a lot of households are doing good business, SeABank has been able to look for eligible borrowers in the segment.
Due to a dearth of good large corporate borrowers, household businesses have become an attractive source of clients for local banks, Khanh noted.
Similarly, state-owned commercial banks are also switching attention to household businesses though they traditionally center on major corporate clients. In fact, VietinBank has been sending credit officers to household businesses to extend loans.
A director of a branch of BIDV said his bank had recently increased lending to businesses owned by households.
He, however, cautioned that when lending to these customers, careful consideration should be made because their accounting books often do not follow any standards and because it is very difficult to ascertain whether they are in real need of capital for business and production.
Đăng ký: VietNam News
