The Governor of the State Bank of Vietnam (SBV) issued Decision No. 1327/QD-NHNN on June 22, 2018 to appoint the Vietnam Bank for Agricultural and Rural Development (Agribank) as the service bank for Technical Assistance of Vietnam Logistics Statistical System Project under the Grant Agreement No. TF070561 signed between the Socialist Republic of Vietnam and the World Bank on September 26, 2017.
Under this Decision, the General Director of the Agribank is responsible for providing banking services to the project in line with Decree No.16/2016/NĐ-CP dated March 16, 2016 on the management and utilization of official development assistance (ODA) and concessional loans from donors, and the guidelines of the SBV, the Ministry of Finance and the WB.
Le Hang