IIB for the first time advises a documentary letter of credit in order to facilitate the import of Russian products to Vietnam
International Investment Bank (IIB) for the first time provided support to a Vietnamese importer as part of the Trade Finance Support Programme (TFSP) by advising a letter of credit issued by Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to the exporter's bank, one of the Top Five Russian banks in terms of assets. As an intermediary bank that maintains partnership relations with a large number of financial institutions in its member states and third countries, IIB… Read more