VCB cooperates with 40 Japanese banks

(VOV) - The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will be the only Vietnamese institution serving the Japanese business customers of 40 specified Japanese Regional Bank (JRB) branches.

A memorandum of understanding to this effect was signed between Vietcombank and the Japan Bank for International Cooperation (JBIC) in Hanoi on December 13.

Vietcombank’s recently established Japan Desk specialises in providing banking products, services, and consultancy tailored exclusively to Japanese business needs.

Vietcombank has also offered direct cooperation with individual JRB branches. Six of the 46 JRB branches working with Vietcombank have accepted so far.

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