VBARD definition

VBARD means Vietnam Bank for Agriculture and Rural Development, a state-owned commercial bank, and any successor thereto.
VBARD means the “Vietnam Bank for Agriculture and Rural Development" established and operating pursuant to the Statute of the Viet Nam Bank for Agriculture and Rural Development issued under Decision No. 280/QD-NH5 of the Governor of the State Bank of Viet Nam dated October 15, 1996, and any successor thereto.

Examples of VBARD in a sentence

  • Completion by each of ICB, BIDV, VBARD and VCB of the 2002 target for resolution of non-performing loans, in accordance with the provisions of Instruction 355/CV-CLPT.

  • Completion by each of ICB, BIDV, VBARD and VCB of the 2002 loan loss provisioning target indicated in the respective restructuring plan approved by SBV, such target established in accordance with the IAS audit completed for 2000.

  • Formulation of recommendations to: (a) revise Circular 74/2002/TT- BTC to strengthen the creditor’s rights of BIDV, ICB, VBARD and VCB in the re- evaluation and resolution of SOE non-performing loans, and (b) coordinate the resolution of non-performing loans with the reform plans for SOEs.

  • Approval by State Bank of Vietnam of the timetable for BIDV, ICB, VBARD and VCB to prepare and adopt their respective credit manuals.