Banks support fishermen following mass fish deaths

by VTV405 May 2016 Last updated at 16:25 PM

VTV.vn - In response to the mass fish deaths in the central region, some state-owned commercial banks have announced interest rate cuts or exemptions for borrowers who suffered from the sudden disaster.

From May 4th, all medium and long-term loans at Vietcombank with interest rates higher than 9% per year will be reduced to 9%. Meanwhile, Agribank has exempted all its creditors who directly suffered losses from paying interest and have adjusted loan periods in accordance with new production plans and the creditors’ solvency. Creditors who indirectly suffered from the mass fish deaths will not have to pay interest for one month.

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