
Interest Rate Swap
Introduction
VietinBank and Client enter a financial agreement to exchange interest payments in a single currency (USD or VND). Client can choose to (1) Pay a fixed rate and receive a floating rate OR (2) Receive a fixed rate and pay a floating rate
Benefits for the customers
Help Clients fix borrowing costs and hedge against rising floating interest rate risks
Advantages of VietinBank
- Market-competitive pricing
- Flexible term lengths, up to 10 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
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