VEB, VDB sign cooperation MoU

VDB VBRussia’s State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” and Vietnam Development Bank (VDB) signed a memorandum of understanding at the sidelines of the 38th ADFIAP Annual Meetings held in Nha Trang, Vietnam. The agreement was aimed at exploring opportunities for cooperation and collaboration on matters of common interest between the two institutions, acting directly or through their respective subsidiaries, and to render their respective activities more effective and beneficial. Mr. Anatoly Ballo, Deputy Chairman of Vnesheconombank and Mr. Tran Ba Huan, General Director of VDB signed the MoU.