Vietnam's state bank will refinance loans for heavily indebted shrimp and pangasius operations
SEAFOODNEWS.COM [Vietnam News Brief] September 19, 2014
The State Bank of Vietnam (SBV), the country’s central bank, will refinance banks which conducted debt rescheduling for ailing shrimp and pangasius fish raising householders, farm owners and cooperative alliances.
The free-interest refinanced loans will be made in the dong, according to Circular No. 26 which is set to take effect on November 1.
The refinancing covers debt payments of shrimp and tra fish households, farm owners and cooperative alliances facing difficulties in their production and business operations that were rescheduled on or before Dec 31 of 2013...
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