Viettel Cambodia (Metfone), a subsidiary of Vietnam’s military-run telecommunications company Viettel Group and MB Cambodia, a branch of Vietnam’s Military Commercial Joint- Stock Bank (MB) signed a Memorandum of Understanding on a five-year strategic partnership of cooperation to strengthen their development in and contributions to Cambodia.
As per the signing ceremony held in Phnom Penh on March 26, MB Cambodia will fully meet the credit demand of Metfone and provide the company with all corporate financial services with a credit limit of US$100 million as well as a competitive interest rate.
The bank will also provide a credit package of US$15 million combined with preferential interest rates and incentives for Metfone’s partners, subsidiaries and employees.
