Updated  
August, 19 2014 08:06:00

SeaBank to provide loan to Vietnam Airlines

The credit loan is to buy one Airbus aircraft A321-200 for the airline's freight business.— File Photo

HA NOI (VNS) — SeABank has received approval from the Prime Minister in principle to provide a credit loan exceeding the limit of the equity for Vietnam Airlines to buy aircraft.

The credit loan is to buy one Airbus aircraft A321-200 for the airline's freight business.

SeABank will be fully responsible for the evaluation and efficiency assessment, credit granting and debt collection from Vietnam Airlines under current law. — VNS

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