Austrian RZB, Vietcombank Sign US$150Mln Credit

3:26:22 PM | 7/8/2005

Austrian RZB, Vietcombank Sign US$150Mln Credit

 

Austria's Raiffeisen Zentralbank Osterreich AG (RZB) has signed an agreement during the occasion of the fifth ASEM to lend US$150 million to the Bank for Foreign Trade of Vietnam (Vietcombank) for a term of five years.

 

The accord would help enhance the bank's forex resources for better corporate lending, especially over the medium and long-term.

  • L.D