Forex loans extended
VTV.vn - Short-term forex loans for domestic payment in which borrowers have to resell the loan to credit institutions will be extended to December 31st, 2017. Other forex loans will remain unchanged.
The change was outlined in draft amendments and supplements to some articles in Circular 24 issued on September 8th, 2015, with a view to satisfying the demand for short term loans for cross-border trading activities. When compared with Circular 24 short term loans for foreign currency will be extended for one more year.
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