Foreign currency loan quotas granted to garment and textile group


Nhan Dan, Vietnam
Nhan Dan – State-owned commercial banks and the Joint Stock Bank for Foreign Trade of Vietnam are requested to provide loans in foreign currencies to members of the Vietnam Garment and Textile Group according to the foreign currencies quotas that these banks have pledged.

This is according to a new official dispatch dated July 16 by the Governor of the State Bank of Vietnam.

If any difficulties occur, they should be reported to the State Bank of Vietnam for consideration and solutions.

For those amounts of foreign currencies that are still short of supply, based on the proposal of the garment and textile group, these banks should define additional foreign currency loan quotas for each of the enterprises in the group.

These additional loan quotas for member enterprises of the garment and textile group are requested to be reported to the State Bank of Vietnam before July 31.

Post Author: Indonesia Grament