The State Bank of Vietnam announced the Governor’s decisions on the organisation and personnel of State Bank of Vietnam Regional Branch 13, with Deputy Governor Nguyen Ngoc Canh handing over transfer and appointment decisions for senior management and key officials. The Deputy Governor also instructed the branch to maintain smooth and effective banking operations while coordinating with local authorities to broaden credit to priority areas, particularly agriculture and rural lending and the processing and export of agricultural and aquatic products. Supervisory priorities highlighted included scaling up lending for high-tech agriculture, large-scale agricultural production models and value-chain-linked projects, alongside credit for production and business more broadly. Regional Branch 13 reported outstanding credit in the area was estimated at over VND 502,860 billion by end-July 2025, up 6.21% from end-2024, with 76.48% of lending concentrated in five sectors benefiting from preferential interest rates; agriculture and rural lending exceeded VND 303,800 billion and lending to small and medium-sized enterprises was nearly VND 56,700 billion. Within the priority groups, credit to export businesses was reported to be up nearly 71.1%, while lending to supporting industries and high-tech enterprises each rose 440.86%. The branch indicated it will continue to steer local credit institutions to track macroeconomic conditions, keep interest rates stable, reduce costs, accelerate digital transformation, expand green and digital credit, and speed up key support packages in the Mekong Delta.
State Bank of Vietnam 2025-07-22
State Bank of Vietnam appoints new leadership for Regional Branch 13 and directs banks to expand priority-sector lending
The State Bank of Vietnam announced changes at Regional Branch 13, with Deputy Governor Nguyen Ngoc Canh overseeing management appointments and emphasizing smooth operations. The branch reported a 6.21% increase in outstanding credit, with significant lending to agriculture, rural areas, and SMEs. Supervisory priorities include expanding credit for high-tech agriculture and value-chain projects, maintaining stable interest rates, and advancing digital transformation.