VietinBank to help HDBank raise capital in interbank market

HCM City Housing Development Commercial Joint Stock Bank (HDBank) and Vietnam Commercial Joint Stock Bank of Industry and Trade (VietinBank) recently signed a comprehensive cooperation agreement whereby VietinBank and HDBank will jointly carry out cooperation activities, cosponsoring project finance, transaction network connection and ATM system.

With above goal, HDBank and VietinBank will give priorities in using services and products of each other aiming to develop potential as well as provide credit and apply preferential interest rate for customers.

In addition, VietinBank will help HDBank mobilise capital from interbank market and issuances of bonds, certificate of fund, certificate of deposits (C/Ds) and payment activities.

Tags: banks in vietnam, HDBank, Vietinbank, Vietnam banking, Vietnam finance, Vietnam finance news

Posted by VBN on Mar 10 2010. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry