Loan styles and reality apply at Vietnam Bank for Agriculture and Rural Development of Dăk Nong branch

Abstract

Adopting suitable and diversified loan styles bring multiple utilities and benefit for both credit borrowers and banks, especially in Dak Nong province, a newly established province in 2004.  Recently, the Dak Nong bank for Agriculture and Rural Development has applied multiple loan styles and achieved good results. However, in the following years, the bank needs to apply more diversified loan forms and adopt appropriate loan styles in order to meet increasing credit demand of the borrowers and enhance the efficiency of the credit activities of the bank as well.