Japanese bank to open office

Accordingly, the office will function as a liaison office for market research and promotion of investment projects of Juroku Bank in Viet Nam.

The office will promote and monitor the implementation of contracts and agreements signed between the bank and credit institutions and businesses, as well as the bank’s financed projects in Viet Nam.

It will also address the demand for loans from Japanese companies operating in Viet Nam, especially those in the Tokai sub-region, where the bank’s headquarters is located.

On February 2, the State Bank of Viet Nam issued License No 32/GP-NHNN, permitting Juroku Bank to establish its representative office in Ha Noi for five years.

Opening more offices may help the Japanese group get more information on new investment projects in Viet Nam and position Japanese firms on these projects.

By Vien Nhu