30/09/2010
BIDV Insurance Company
(BIC), Bank for Investment and Development of Vietnam (Bidv) and TMT
Automobile Joint Stock Company inked trilateral deal to supply
commercial credit insurance for Bidv’s customers who want lend money for
buying cars of the motor firm.
(BIC), Bank for Investment and Development of Vietnam (Bidv) and TMT
Automobile Joint Stock Company inked trilateral deal to supply
commercial credit insurance for Bidv’s customers who want lend money for
buying cars of the motor firm.
If the customers who bought car without payment ability according to insurance’s regulations, the insurance firm would pay the rest of loan (< 70 percent of credit limit in insurance contract).
The deal will support all three sides: seller (TMT), purchaser, and lender (Bidv).
