Cement Finance Co (CFC) has recently approved 800 billion dong loan for Ha Tien 1 Cement Joint Stock Co (coded HT1) and 30 distributors.
The loan was approved at a seminar on official distributors of HT1 held on March 16 in HCM City.
At the seminar, CFC offered an associated product package including three partners namely HT1-distributors-CFC with lending products, working capital supply, project investment, guarantee services and money flow management services.
According to signed contract, 500 billion dong credit agreement will be used to support working capital for HT1 and 300 billion dong is for 30 distributors to expand business and production activities.
Bui Hong Minh, CFC's general director said that this credit package will carry competitive and preferential lending rate policy.
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