LienVietBank inks three-way deal

The Hau Giang-based LienVietBank signed contracts on June 4 with local leading vendor Hapro ans Agribank Jewellery Company to expand its business to the North.

Under the deal, Hapro anf AJC committed to creating favourable conditions to use LienVietBank financial services and vice versa.

Arriving in Hanoi only on June 4, new entrant LienVietBank posted its business performance after one month of operation.

The lender reported attracting 230 billion VND (14.75 million USD) in deposits, 41 billion VND (2.56 million USD) in loans and generating a revenue of 40 billion VND (2.5 million USD).

VNA

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