Business

Commercial bank offers credit for farmers

The Lien Viet Joint-Stock Commercial Bank (LienVietBank) has provided loans to more than 13,000 households in the Mekong Delta over the past five months, as part of a three-year credit programme.
The Lien Viet Joint-Stock Commercial Bank (LienVietBank) has providedloans to more than 13,000 households in the Mekong Delta over the pastfive months, as part of a three-year credit programme.

For the 2010-13 period, the bank has earmarked a total of 3-5 trillionVND (154 million to 257 million USD) for investment and development ofan agricultural and rural loan programme in the Mekong Delta.

It plans to disburse a total of 1.2 trillion VND in Can Tho City and the provinces of An Giang and Hau Giang this year.

The programme is designed for households, farm owners and cooperativesin rural areas and for individuals and organisations involved inagricultural activities./.
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