Finance connections

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  • Import financing by loans from foreign banks under frame agreement

    BIDV finances import enterprises through loans that BIDV borrows from foreign banks under the Framework Agreements.   1. Features  - Subjects: import goods with origin in accordance with conditions of each framework agreement. - Loan method: opening L/C, short-, mid- and long-term loans. - Currencies...

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  • Import financing under UPAS L/C

    Import financing under Usance Payable At Sight L/C (UPAS L/C) is an import financing product under which BIDV issues deferred L/C, which stipulates that payment is deferred but Beneficiary is entitled to discounts at sight (Beneficiary does not have to pay fees for discounts at sight), upon request of the...

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