Businesses can restructure debt and get new low-interest loans, according to



According to Dong Yi – According to the latest data from the City Branch of the State Bank of Vietnam. In Ho Chi Minh City, since the beginning of the year, the city’s credit institutions have carried out debt restructuring without transferring debt groups for more than 34,600 customers, with a total outstanding debt structure of nearly 39 trillion dong, accounting for 27%. Entire country.

Previously, as of the end of May 2023, the city’s National Bank statistical report showed that the principal and accumulated interest debt balance of 9,659 customers was approximately VND10,239 billion. However, due to practical difficulties in market purchasing power, the number of debt balances and customers whose debts have been restructured by banks has continued to increase in recent months.

In Circular No. 02/2023/TT-NHNN, effective from April 24, 2023 and applicable until June 30, 2024, the SBV allows credit institutions to restructure debt repayment terms and maintain the same debt group to support assistance Customer activities that face difficulties in production and operations and customers who have difficulty repaying loans to meet daily and consumer needs.

in the city. In Ho Chi Minh City, credit institutions implement debt restructuring mechanisms for customers through various channels, and many of them implement this mechanism through bank-enterprise matching programs organized locally by the city’s National Bank and the government. Among these plans, the bank has also integrated new lending activities, including loans with 2% interest rate support for enterprises, cooperatives, commercial households in accordance with Government Decree No. 31/2022/ND-CP.

According to statistics from the city’s National Bank, as of now, the total outstanding loans supported by the city’s credit institutions with 2% interest rates have reached VND23,225 billion, accounting for 42% of the country’s total. According to Decree No. 31, bank loan customers can obtain interest rate support from the budget. The main areas are: processing industry, manufacturing, aviation, transportation and warehousing; tourism, accommodation services, catering, education and training, agriculture, forestry and fishery…

Mr. Nguyen Duc Lenh, Deputy Governor of the City Branch of the State Bank of Vietnam. Ho Chi Minh said that debt restructuring and maintaining the same debt group can help customers reduce loan repayment pressure, maintain production and operation activities, and create cash flow for growth and development. Customers can also restructure debt and continue borrowing to maintain and resume production and business.

The actual implementation of Document No. 02 shows that debt restructuring, maintaining the same creditor’s rights group, and issuing new loans to customers have had a positive impact on corporate operating activities; contributing to economic growth.


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