
Cross Currency Swap from VND to USD
Introduction
VietinBank and the Client agree to periodically pay each other interest in two different currencies based on a notional amount; The Parties can agree to exchange the notional amount or not.
Benefits for the customers
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 Client's original underlying transaction and currency requirements
A multi-year winner ò Global Banking & Finance Review's "Derivatives Bank Brand of the Year Vietnam" award
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