ADB increases trade finance to 75 million USD for w88 link w88 moi nhat

The additional trade finance will help to considerably improve w88 link w88 moi nhat’s credit capacity in the market.

Santosh Pokharel,TFP’s relationship manager, said the additional trade finance was decided after ADB reviewed w88 link w88 moi nhat’s details.

w88 link w88 moi nhat General Director Nguyen Hung said ADB increased guarantees for w88 link w88 moi nhat by 2.5 times in a very short time,showing the foreign bank’s confidence in w88 link w88 moi nhat. Earlier, ADB provided w88 link w88 moi nhat with 30 million USD on May 24.

"The finance would help w88 link w88 moi nhat increase its presence in the international market, contributing to supporting its business customers to expand their transactions worldwide," Mr. Hung added.

In addition to ADB, w88 link w88 moi nhat has been attractive to other foreign partners.

Earlier, it received 18.3 million USD investment from IFC.

w88 link w88 moi nhat has total assets of some 106 trillion VND (about 4.6 billion USD), 4,000 employees and an extensive network of 55 branches and transaction offices in Vietnam. Currently, with more than 1.5 million individual customers and businesses, w88 link w88 moi nhat has been asserting its position as a strong, sustainable and healthy bank in the country.