SeABank and Cargill Sign Cooperation Agreement: Unlocking Capital for Livestock Farming in Vietnam

Against the backdrop of a rapidly evolving global and domestic economy shifting toward resilience and sustainability, this partnership is poised to create meaningful impact by enabling Cargill’s partners and customers to access financing solutions aligned with their operational realities and growth ambitions.

Flexible Financial Solutions for the Livestock Sector

At the core of this partnership is the program titled “Working Capital Support for the Livestock Supply Chain.” The direct beneficiaries include Cargill’s nationwide network of animal feed distributors and farm customers. Through this program, SeABank commits to prioritizing financial resources to enable Cargill’s customers to easily access capital, ensuring stable cash flow throughout their business operations in animal nutrition products.

The working capital solution is designed based on a deep understanding of the livestock industry’s characteristics, helping dealers and business households optimize their operational capacity through differentiated values, including:

• Flexible financing solutions: SeABank offers tailored loan packages based on dealers’ revenue scale, enabling easy access to secure funding, removing financial barriers, and allowing dealers to focus on expanding their business operations without requiring collateral.
• Stable interest rate mechanism: In a volatile market environment, SeABank implements a stable interest rate policy for Cargill’s customers under this cooperation framework. The policy is tailored to suit the characteristics and conditions of each loan, thereby enabling customers to proactively plan their finances, ensure profitability, and maintain long-term business stability.
• Streamlined approval process and fast disbursement: Understanding the time-sensitive nature of agricultural business, SeABank simplifies procedures to ensure the fastest possible disbursement, allowing capital to flow promptly and effectively meet inventory purchasing and working capital turnover needs.

The cooperation agreement between SeABank and Cargill affirms their shared commitment to promoting agricultural and rural development, as well as sustainable livelihoods in Vietnam’s livestock sector through flexible and appropriate financial solutions. This partnership not only helps unlock long-term capital for the industry but also reflects the strategic vision and enduring market presence of both parties in Vietnam.

Cargill, a multinational corporation with over 160 years of global experience and 30 years of presence in the Vietnamese market, offers a diverse range of agricultural products and solutions. It also plays a vital role in connecting farmers with end markets and linking customers to essential resources for development, ultimately aiming to nourish the world in a safe, responsible, and sustainable manner.

By placing customer interests at the center and upholding social responsibility as its guiding principle, SeABank reinforces its role as a trusted partner, supporting dealers and business households within Cargill’s network in overcoming financial barriers and gaining control of their capital. This serves as a key driver in building a sustainable value chain and fostering shared prosperity for the livestock farming community.