The Vietnam Joint Stock Commercial Bank of Industry and Trade (Vietinbank) signed a 100 million USD syndicated loan agreement arranged by the Bank of Tokyo-Mitsubishi UFJ (BTMU) on April 16.

The foreign banks participating in this agreement include BNP Paribas and Mega International Commercial Bank.

Speaking at the signing ceremony, Vietinbank board member Phung Khac Ke said the bank is committed to using the loan for the right purposes and to a rational use of resources to generate the highest return on investment.
The loan will be an additional significant source of foreign currency for Vietinbank to meet businesses' demands for production and trade as well as the country's economic development.-VNA