Maritime Bank, Vinacomin Sign Development Cooperation Agreement

2:47:20 PM | 7/8/2011

Maritime Bank and State-owned Vietnam National Coal, Mineral Industries Holding Corporation Limited (Vinacomin) signed an agreement on development cooperation on July 6, 2011 at the lender’s head office in Hanoi.
 
Accordingly, Maritime Bank will provide the State-owned group such services as local and international payment, credit, financing, risk management, and foreign exchange.
 
In addition, the bank will provide consulting and financial services to raise long-term capital for Vinacomin in local and international financial markets. Moreover, the two sides also agreed to consider opportunities to jointly invest in projects to generate mutual benefits.