VPBank (VPB) has held a Board of Directors (BOD) meeting and approved a loan syndication agreement with SMBC Singapore and several other lending institutions. This transaction aims to enhance the bank’s funding sources, thereby improving its financial capacity in an increasingly competitive market. The BOD considers this a strategic decision that will help VPBank expand its operational scale and better meet customer needs. Furthermore, raising funds from SMBC Singapore and other lenders is expected to create favorable conditions for VPBank to implement development projects and ensure profit targets in the upcoming period.
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