Trade finance news

ANZ to offer factoring in Vietnam

Last Updated November 27, 2009

The State Bank of Vietnam (SBV) has given permission to ANZ Bank to offer factoring in Vietnam.

Under the decision, ANZ Vietnam is permitted to carry out factoring services in the domestic market and in the field of export-import payment activities in line with the current regulations.

This decision will also allow ANZ Bank to diversify its products and services and to create more convenient services for its customers.



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