Over the past years, the Bank for Agriculture and Rural Development (Agribank) of Cam Lam Branch has implemented effective forms of capital mobilization suitable with local characteristics, the focus is on development investment loans agricultural and rural economy.
Agribank Cam Lam Branch has many innovative solutions in creating capital, outstanding debt, low overdue debt, always exceeding the plan of profit. Besides applying diversified capital mobilization, flexibly applying interest rate, banks continuously improve the quality of products and services. Up to now, the total capital of the bank has reached VND 850 billion, 9.7 times higher than that of 2007 (when newly established). The average growth rate of mobilized capital is 25.5% / year. The number of deposit customers also increased significantly, 10 times more than in 2007, with over 14,600 customers.
Currently, Agribank Cam Lam Branch is lending to more than 4,500 borrowers, accounting for more than 16% of total households, total outstanding loans to more than 460 billion in November - 2017, 5.3 times compared to 2007, speed Annual average loan growth of 18.2%. Credit quality is always under control, the ratio of bad debt decreases from 1.13% in 2007 to 0.18% in 2017. Besides, Agribank Cam Lam Branch always performs well the role of a bank. State-owned commercial banks, transferring capital to all economic sectors in the district, especially in agriculture and rural areas. Branches always follow the general direction of Agribank Khanh Hoa, focus on investing in key industries such as mango gardens, breeding farms, handicrafts, aquaculture ...
Nguyen Thi Hong Phuong, owner of pig farms in Cam An commune, said: "I have invested in pig breeding since 2004 and have been with Agribank Cam Lam since. Thanks to the bank loan, I invested in a pillow, from a few dozen pigs, now I have built a farm with a total of more than 2,000 children. From the start I borrowed 15 million, then pay back and then borrow and investment to develop gradually. So far, my total investment capital has reached VND15 billion, of which Agribank borrows from Cam Lam Branch of VND4.5 billion ... Thanks to the quick access to capital, reasonable interest rates should have family Economic development, now has to eat of to ".
In order to maintain credit market share, Agribank Cam Lam Branch also focuses on developing small and medium enterprises and business households in the locality, contributing significantly to the economic development process. - the local society. Tran Thi Thuy, owner of Hoa Thuy basket baskets in Cam Hiep Nam commune, said: "Initially, when we opened the baskets and bought the baskets we needed to do manually. substantial. From 2013, when I have access to the capital of Agribank Cam Lam Branch, I invest in additional machines, so I have been working and stable income for about 100 idle labor in the locality. and some neighboring communes. "
Mr. Le Anh Tuan - Director of Agribank Cam Lam Branch, said that there are times due to the impact of economic recession, fluctuations in prices of agricultural products ... greatly affect the implementation of the criteria of the application. position. However, Agribank Cam Lam Branch has strictly implemented the direction of the upper level bank to reduce mobilizing interest rates and lending interest rates in each period, meeting the demand for investment capital to economic sectors in the area. . In the time to come, Agribank Cam Lam Branch continues to affirm its key role in agricultural investment, rural and farmers.
