The scale of the agricultural credit package is increased to 185,000 billion VND

    Hạ Linh |

    The SBV requires credit institutions to increase lending in the agriculture, forestry and fishery sector and apply preferential interest rates until sales reach VND 185,000 billion.

    In order to promote the implementation of credit programs for the agriculture, forestry and fishery sector; based on the registration documents of commercial banks, the State Bank of Vietnam (SBV) issued Document No. 8333/SBV-TD directing credit institutions (CIs) to continue lending until sales reach VND 185,000 billion. Accordingly, the directives include:

    1. The credit program for the agricultural, forestry and fishery sector according to Official Dispatch No. 5631/NHNN-TD dated July 14, 2023 and Official Dispatch No. 2756/NHNN-TD dated April 15, 2025 of the State Bank of Vietnam continues to be implemented until lending turnover reaches VND 185,000 billion (according to the registration level of commercial banks). Other related contents, commercial banks shall comply with the instructions in Official Dispatch No. 5631/NHNN-TD dated July 14, 2023 and Official Dispatch No. 2756/NHNN-TD dated April 15, 2025 of the State Bank of Vietnam.

    2. List of 18 Banks that monitor and compile statistics on the implementation results of the Program; at the same time, responsible for implementing it in accordance with the commitments of this Program ( Regarding subjects and interest rates).

    Bank for Agriculture and Rural Development of Vietnam (Agribank)

    Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)

    Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)

    Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank)

    Loc Phat Commercial Joint Stock Bank (LPBank)

    Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)

    Military Commercial Joint Stock Bank (MBBank)

    Asia Commercial Joint Stock Bank (ACB)

    Nam A Commercial Joint Stock Bank (Nam A Bank)

    Eastern Commercial Joint Stock Bank (OCB)

    Export-Import Commercial Joint Stock Bank of Vietnam (Eximbank)

    Ban Viet Commercial Joint Stock Bank (BVBank)

    Saigon - Hanoi Commercial Joint Stock Bank (SHB)

    Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank)

    Ho Chi Minh Development Joint Stock Commercial Bank (HDBank)

    Tien Phong Commercial Joint Stock Bank (TPBank)

    Kien Long Commercial Joint Stock Bank (Kienlong Bank)

    Bac A Commercial Joint Stock Bank (Bac A Bank)

    In addition to the banks named in Point 2 above, other commercial banks that are interested in participating in the Program are encouraged to follow the instructions in this Official Dispatch, Official Dispatch No. 5631/NHNN-TD dated July 14, 2023 and Official Dispatch No. 2756/NHNN-TD dated April 15, 2025 of the State Bank of Vietnam.

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