PVFC provide risk insurance for foreign currency borrower

PetroVietnam Finance Corp. (PVFC) is working with Morgan Stanley Group on the provision of derivative insurance services to limit risks to customer who borrow foreign currency. According to Nguyen Thien Bao, General Director of PVFC, in the context of fluctuating VND/USD exchange rate at present, PVFC will focus on providing short-term contracts with fixed interest [...]

Apr 13 2011 | Posted in Insurance | Read More »

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