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More financial support to flooded areas

by VTV11 August 2015 Last updated at 17:00 PM

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VTV.vn - In related news. The State Bank of Vietnam has announced that local residents and businesses in the flood-affected areas will be given support from local credit institutions.

In a recent document issued to local credit institutions in ravaged areas, the SBV requested that banks review all existing debts, especially for those clients living in Quang Ninh, Dien Bien, Lang Son, Lai Chau. Solutions to help those people include restructuring payment terms, exempting or reducing interest while considering providing new loans at the same time. These efforts are expected to comprehensively help local residents and businesses overcome difficulties and resume their production./.