Expand the scope and subjects of the Credit Program for the forestry and fishery sector according to Official Dispatch No. 5631/NHNN-TD dated July 14, 2023 of the State Bank of Vietnam into the Credit Program for the agriculture, forestry and fishery sector.

Accordingly, the borrowers are customers with projects/plans serving production and business activities in the fields of agriculture, forestry and fishery. The program will be implemented until the loan turnover reaches VND 100,000 billion (according to the registered level of commercial banks). Other related contents continue to be implemented according to the direction in Official Dispatch No. 5631/NHNN-TD dated July 14, 2023 of the State Bank of Vietnam.

Proposing commercial banks to implement the Credit Program for the agriculture, forestry and fishery sectors

The State Bank of Vietnam requires the following banks: Vietnam Bank for Agriculture and Rural Development, Vietnam Joint Stock Commercial Bank for Investment and Development, Vietnam Joint Stock Commercial Bank for Industry and Trade, Vietnam Joint Stock Commercial Bank for Foreign Trade, Loc Phat Joint Stock Commercial Bank, Saigon Thuong Tin Joint Stock Commercial Bank, Military Joint Stock Commercial Bank, Asia Commercial Bank, Nam A Commercial Bank, Phuong Dong Joint Stock Commercial Bank, Vietnam Import-Export Joint Stock Commercial Bank, Ban Viet Joint Stock Commercial Bank, Saigon - Hanoi Commercial Bank, Vietnam Thuong Tin Joint Stock Commercial Bank, Ho Chi Minh City Development Joint Stock Commercial Bank to monitor and compile statistics on the results of the Program's implementation and be responsible for the accuracy of the data reported to the State Bank of Vietnam and provide it to other relevant agencies (if any).

Commercial banks are responsible for implementing the Program in accordance with its commitments (on subjects and interest rates). In addition to the above banks, the State Bank also encourages other commercial banks that wish to participate in the Program to follow the instructions in this Official Dispatch and Official Dispatch 5631/NHNN-TD issued on July 14, 2023 on the implementation of the State Bank's credit program for the forestry and fishery sectors.

Source: https://thoibaonganhang.vn/mo-rong-pham-vi-doi-tuong-cua-chuong-trinh-tin-dung-doi-voi-linh-vuc-lam-san-thuy-san-162816.html