An Binh Bank (ABBank) will finance construction of Power Co No 2's Central Hydroelectric Project to the tune of 150 billion VND (9.37 million USD), under an agreement signed on May 24.
ABBank will also provide financial services for Power Co No 2 (PC2) and its employees. In return, PC2 would assist the bank in its marketing services to the PC2 customer base of 3 million households as well as commit to create favourable conditions for further expanding the bank's network nationwide.
In the later part of this year, the bank plans to open 15 transaction offices in southern provinces served by PC2's network.
"I think that the agreement is an initial step toward further cooperation," said ABBank general director Luu Duc Khanh. "The agreement not only opens more investment opportunities for us but also improves and confirms our competitive position in the market."
Source: VNA
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment