AB Bank inks deal with Power Co. 2

03:06, 02/06/2007

An Binh Commercial Bank (AB Bank) has signed cooperation deal with Power Co. 2, a subsidiary of EVN. Power Co. 2, with three million customers from Ninh Thuan to Ca Mau, will go public this year, and AB Bank will provide credit for its staff to buy preferential shares and give them loans for buying cars or houses.

An Binh Commercial Bank (AB Bank) has signed cooperation deal with Power Co. 2, a subsidiary of EVN. Power Co. 2, with three million customers from Ninh Thuan to Ca Mau, will go public this year, and AB Bank will provide credit for its staff to buy preferential shares and give them loans for buying cars or houses. The bank will provide credit to the power firm and its customers can pay electricity charges through AB Bank’s network countrywide.

(Source: SGT)