Maritime Bank, Vinalines Sign Credit Deal

The Maritime Joint Stock Bank and the Vietnam National Shipping Lines (Vinalines) on May 20, 2009 signed a credit agreement under which the lender will finance VND500 billion to the country’s largest shipping firm. The credit will go to many affiliates of Vinalines in the country.

 

Under the deal, Maritime Bank will grant many preferences to Vinalines. This event will further consolidate and advance the good long-standing bilateral ties.