Cross Currency Swap from USD to VND
Introduction

VietinBank and Client enter a financial agreement to exchange principal and interest payments in different currencies. Optionally, both parties can exchange an initial notional principal amount at a predetermined exchange rateVietinBank

Benefits for the customers

Clients can convert USD loans to VND to mitigate rising exchange rate and interest rate risks

Clients can convert VND loans to USD to mitigate exposure to depreciating exchange rate
risks

Advantages of VietinBank

- Market-competitive pricing

- Flexible term lengths, up to 5 years

- Customisable transactions tailored to the Client’s original underlying transaction and currency requirements

- A multi-year winner of Global Banking & Finance Review’s “Derivatives Bank Brand of the Year Vietnam” award