The governor of the State Bank has approved nearly 2 trillion VND (94 million USD) in loans to 19 agricultural project under a pilot preferential credit programme tailored for agricultural development.
The 19 projects in 16 cities and provinces were announced in the State Bank’s Decision 2064-QD-NHNN. This is the third credit package approved by the State Bank under the pilot programme.
Accordingly, the Mekong Delta province of Soc Trang will receive the largest sum of 385 billion VND ( 18.1 million USD) for one project, while the northern province of Lao Cai is only borrowing 13 billion VND (613,000 USD).
The central province of Ha Tinh plans to implement 3 projects worth 192.14 billion VND (9 million USD), and Ninh Thuan province announced 2 projects worth 155.7 billion VND (7.3 million USD).
The two previous packages provided a combined over 2.7 trillion VND (127 million USD) from commercial banks.
The pilot preferential credit programme for agricultural development was initiated in the Government’s Resolution 14/NQ-CP issued on March 5 this year.-VNA
The 19 projects in 16 cities and provinces were announced in the State Bank’s Decision 2064-QD-NHNN. This is the third credit package approved by the State Bank under the pilot programme.
Accordingly, the Mekong Delta province of Soc Trang will receive the largest sum of 385 billion VND ( 18.1 million USD) for one project, while the northern province of Lao Cai is only borrowing 13 billion VND (613,000 USD).
The central province of Ha Tinh plans to implement 3 projects worth 192.14 billion VND (9 million USD), and Ninh Thuan province announced 2 projects worth 155.7 billion VND (7.3 million USD).
The two previous packages provided a combined over 2.7 trillion VND (127 million USD) from commercial banks.
The pilot preferential credit programme for agricultural development was initiated in the Government’s Resolution 14/NQ-CP issued on March 5 this year.-VNA
