Vietcombank (VCB) has announced that its Board of Directors (BOD) has approved a credit limit for Vietcombank Financial Company (VFC). This credit limit is set to ensure that VFC has sufficient capital to carry out lending activities while maintaining financial safety for the bank. The BOD approved a reasonable credit limit based on analyses and financial reports of VFC. This decision will allow VFC to enhance its customer service capabilities and expand its business operations, while also creating additional opportunities for Vietcombank to increase profits from lending and financial activities.
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