FPT and BIDV to cooperate

On May 16 a signing ceremony for the Agreement on Credit Limit in 2007 between FPT Corporation and the Bank for Investment and Development of Vietnam took place at the Hanoi Opera Hilton hotel. Under the agreement the total credit limit for FPT in 2007 is $70 million.

23/05/2007

FPT commits to using the credit limit effectively and to strengthen comprehensive cooperation in using new services of the bank such as providing credit to FPT Univesity students, and the bank provides payment for FPT Securities, said Le Quang Tien, Deputy General Director of FPT Corporation.

BIDV is the strategic partner of FPT Corporation in many fields and makes up 30% of the demand for credit to develop the production and trading activities of FPT.