Banks asked to provide capital for gov’t rural development program

The State Bank of Vietnam has sent its document to banks in cities and provinces asking banks to provide capital for the government’s rural development plan.

As per the State Bank of Vietnam’s guideline, banks along with municipal and provincial people’s committees have to provide timely capital to implement the plan and help push up the program’s progress.

In addition, bank leaders must be willing to resolve hiccups along the transaction between credit organizations and customers to ease the program.

By T. Van - Translated by Anh Quan

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