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SeaBank to provide loan to Vietnam Airlines

Aug 19th at 15:36
19-08-2014 15:36:30+07:00

SeaBank to provide loan to Vietnam Airlines

SeABank has received approval from the Prime Minister in principle to provide a credit loan exceeding the limit of the equity for Vietnam Airlines to buy aircraft.

The credit loan is to buy one Airbus aircraft A321-200 for the airline's freight business.

SeABank will be fully responsible for the evaluation and efficiency assessment, credit granting and debt collection from Vietnam Airlines under current law.

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