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PVcom Bank, Binh Son Refinery ink deal

Feb 14th at 10:50
14-02-2014 10:50:59+07:00

PVcom Bank, Binh Son Refinery ink deal

The Viet Nam Public Commercial Joint Stock bank (PVcom Bank) signed an agreement on comprehensive co-operation with the Binh Son Refinery and Petrochemical Company on Wednesday.

Following the agreement, PVcom Bank will provide loans for investment projects of the Binh Son Company as well as for mobilising capital, payment and development of retail services with a network of 102 transaction branches throughout the country. Last year, the Quang Ngai-based Binh Son company earned a revenue of VND150.4 trillion (US$7.1 billion), with a profit of VND2.8 trillion ($133 million). The company also contributed 27.4 trillion ($1.3 billion) to the State Budget. 

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