ABBANK and Thang Long Real Group have signed a deal for funding the Thăng Long Home - Hiệp Phước Residential Area in Đồng Nai Province. — Photo courtesy of ABBANK

An Bình Commercial Joint Stock Bank and Thang Long Real Group signed a deal on May 9 for the G2 and F apartment project at the Thăng Long Home - Hiệp Phước Residential Area in Đồng Nai Province.

They will prioritise the use of each other's products and services and leverage strengths and potentials for mutual benefit.

ABBANK will provide Thang Long Real Group with funding and risk management and cash flow support.

The developer will provide information about investment projects, loan needs, and business cooperation plans.

Speaking at the signing ceremony, Khương Đức Tiệp, permanent deputy CEO of ABBANK, said: "Cooperating with a prestigious brand in the real estate field like Thang Long Real Group is the result of understanding customers to offer industry-specific financial solutions that ABBANK has consistently developed over time.

“By providing financial solutions along the value chain, ABBANK aims to enhance its service position in the construction and real estate sectors."

Nguyễn Thái Hà, CEO of Thang Long Real Group, said: "We expect … to promote cooperation into practice, creating business efficiency and value for society."

The project with the trade name Fiato Airport City was named among the Top 10 Most Potential Urban and Housing Projects in 2024 based on voting by the Vietnam Institute of Real Estate Research and Vietnam Real Estate Online Magazine. — VNS