Vietnam Eximbank joins global trade finance programme
HCM City (VNA) – The Viet Nam Export Import Commercial Joint Stock Bank (Vietnam Eximbank), on July 25, signed an agreement with the International Finance Corporation (IFC) to join the IFC’s Global Trade Finance Programme (GTFP) as an issuing bank.Joining the programme, Vietnam Eximbank will have better access to banks in the world to expand its operational markets and improve its competitiveness and service quality, particularly in the area of financing import-export.
The programme has so far admitted 105 member banks in 65 countries as confirming banks and 75 banks in 50 countries as issuing banks.-Enditem
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