Eximbank offers exchange rate insurance

04/07/2008 -- 10:41 AM

Hanoi (VNA) – The Vietnam Import-Export Bank (Eximbank) announced on July 3 that it will use 2 trillion VND to provide exchange rate insurance and credit support for importers and exporters. The support and insurance will be made through the bank’s credit products and exchange rate insurance tools. Eximbank pledges to introduce the optimal solutions to importers and exporters to help them increase their competitiveness and develop their business, General Director Truong Van Phuoc said. Eximbank is currently the largest commercial joint stock bank in Vietnam with a capital of more than 12.6 trillion VND.-Enditem
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