BIDV teams up with Sumitomo Mitsui Trust Bank

Wednesday, Dec 25, 2013 09:30

VNA/VNS Photo Duc Tam

HA NOI (Biz Hub)— The Bank of Investment and Development of Viet Nam (BIDV) has signed a Memorandum of Understanding (MoU) to create a strategic partnership with Japan's giant Sumitomo Mitsui Trust Bank (SuMi TRUST).

The MoU was inked during Prime Minister Nguyen Tan Dung's official December 12-15 visit to Japan.

The pact aims to build a strategic cooperation mechanism between BIDV and SuMi TRUST, which are among the leading banks in Viet Nam and Japan, to work together in commercial banking, credit and property management, as well as training and experience exchanges. —VNS

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