SBV adds up interest rate subsidy program participant

The SBV Governor issued Decision 1542/QĐ-NHNN on June 30 to list the Vietnam Chemicals Joint-Stock Finance Company (VCFC) as a new creditor in the interest rate subsidy scheme. The Decision took effect on the signing date.

Under this Decision, the company is responsible for implementing the interest rate subsidy scheme in accordance with Decision 131/QD-TTg dated January 23rd, 2009 granting interest rate subsidy to business and productive corporate and individual borrowers, Decision 333/QD-TTg dated March 10th, 2009 on amendment to Decision 131/QD-TTg, Decision 443/QD-TTg of the Prime Minister dated April 4th, 2009 on interest rate subsidy in terms of mid and long-term loans for the business and productive corporate and individual borrowers, and Decision 479/QD-TTg of the Prime Minister dated April 17th, 2009 on interest rate subsidy loans for procuring instruments and material for agricultural production and rural housing development.

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