01:02, 08/02/2020

Banks to offer support to repair damage caused by 2019-nCoV epidemic

The director of the State Bank of Vietnam – Khanh Hoa Branch issued a document on February 6 to direct the implementation of supportive measures to repair the damage caused by the 2019-nCoV acute respiratory disease.
 

The director of the State Bank of Vietnam – Khanh Hoa Branch issued a document on February 6 to direct the implementation of supportive measures to repair the damage caused by the 2019-nCoV acute respiratory disease.
 
Accordingly, the director required the local branches of credit institutions balance capital sources to fully meet the capital demand for production and trade; review the situation of production and trade and evaluate the degree of damage which borrowers have been suffering from the impacts of the 2019-nCoV epidemic, especially those operating in vulnerable sectors such as tourism, agriculture and export, to promptly provide support in accordance with applicable law. The credit institutions need to proactively guide and support customers to deal with difficulties caused by 2019-nCoV epidemic.
 
N.D
Translated by H.N