Business

VietinBank links up with Middle Airports Corp.

The Vietnam Bank for Industry and Trade (VietinBank) will become a partner of the Middle Airports Corporation (MAC) to expand its business operations both at home and abroad.
The Vietnam Bank for Industry and Trade(VietinBank) will become a partner of the Middle Airports Corporation(MAC) to expand its business operations both at home and abroad.

Under the terms of a comprehensive cooperation agreement signed on Nov.12, VietinBank pledged to provide service products, soft loans andservices charges to MAC and its subsidiary companies to become one ofthe corporation’s strategic partners.

VietinBank is now one of Vietnam ’s leading commercial banks, postingan annual average capital growth rate of 20 percent.

In addition to its network, which covers the country’s 63 provinces andcities, VietinBank has set up agent relationships with over 850 banksand financial institutions in 90 countries and territories around theworld.

Meanwhile, the MAC currently operates seven international and domesticairports in the central region, namely Da Nang , Phu Bai, Chu Lai, CamRanh, Phu Cat, Tuy Hoa and Pleiku. The corporation has recorded anannual average growth rate of 15 percent./.
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