
Cross Currency Swap – CCS (VND to USD)
Benefits for the customers
- Mitigate the decreasing exchange rate risks and interest rate risks during the loan period.
- Convert VND loan to Foreign currency loan.
- Reduce borrowing costs depending on market conditions.
Features
Agreement between VietinBank and the customer, periodically paying each other interest in two different currencies based on the value of the original loan contract (underlying contract), the exchange or non-exchange of nominal capital agreed by both parties .
Application procedures
For futher information, please contact the nearest VietinBank Branch/Office HERE.
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