The An Binh Securities Company (ABS) signed a cooperation agreement with the PetroVietnam Finance Company (PVFC) to supply financial, banking, investment and securities services to their customers and partners, on May 17.
ABS is a leading securities company that has a chartered capital of 330 billion VND (20.6 million USD).
PVFC is the financial arm of the State owned Oil and Gas Group (PetroVietnam). It has a total chartered capital of 3 trillion VND (187.5 million USD) that the company plans to increase to 5 trillion VND (312.5 million USD) by late 2007.
Source: VNA
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