The Vietnam-Russia Bank (VRB) opened its 6th representative office in the northern port city of Hai Phong on January 26.
The new office aims to help the bank expand its network in the northern coastal region as well as in the northeastern major economic zone. In addition, it is tasked to serve enterprises including those doing business in Russia , and Eastern European countries among others.
VRB was set up in 2006 by the Bank for Investment and Development of Vietnam (BIDV), which holds 51 percent of its statutory capital, and the Russia Bank for Foreign Trade. Last year, VRB mobilised over 300 million USD and loaned more than 260 million USD./.
The new office aims to help the bank expand its network in the northern coastal region as well as in the northeastern major economic zone. In addition, it is tasked to serve enterprises including those doing business in Russia , and Eastern European countries among others.
VRB was set up in 2006 by the Bank for Investment and Development of Vietnam (BIDV), which holds 51 percent of its statutory capital, and the Russia Bank for Foreign Trade. Last year, VRB mobilised over 300 million USD and loaned more than 260 million USD./.
