Agribank’s Operations Centre is allowed to use temporally free capital to lend to other financial institutions based on credit line offering to financial institutions approved by General Director for a certain time. In case of exceeding the limit, it needs a written approval of Agribank’s General Director and Chairman of Board of Directors. This service is applicable to financial institutions allowed to operate in both national and international inter-bank market and have transaction limit with Agribank
Currency: VND, EUR, USD.
Term: overnight, weekly, monthly, per quarter...
- Interest rate: negotiable based on interest rate movement
in the market.
- Calculator basis: 360 or 365 days
Financial institutions directly
contact Agribank’s Operations Centre through FX managing Department
Transactions are completed through
Reuters Dealing System, fax of telephone…
After approved, data will be entered
in to IPCAS
Profit and stop loss limit in forex
dealing of Agribank’s Operations Centre is decided by Chairman of Board of
Credit line offering to other
financial institutions will be defined by General Director for each of time.
Director of Agribank’s Operations
Centre defines transaction limit applicable to FX Department of Agribank’s
Operations Centre and each of its officer
Transaction principle: safe,
effective, subject to FX dealing limit; ensure liquidity of the Agribank and
maintain foreign currency balance adapted to the Sate bank’s rule for a certain