SIGNING CEREMONY OF THE CREDIT CONTRACT BETWEEN HAI PHAT AND VIETNAM BANK FOR AGRICULTURE AND RURAL DEVELOPMENT (Agribank)

On December 10, 2020 in Hanoi, Hai Phat Investment Joint Stock Company officially signed a cooperation credit contract with Vietnam Bank for Agriculture and Rural Development (Agribank), branch Hanoi I, Agribank branch in Cao Bang province.

Attending the signing ceremony were leaders of Hai Phat Investment Joint Stock Company, leaders of Agribank’s Head Office branch, leaders of Agribank branch Hanoi I, leaders of Agribank branch of Cao Bang province.

According to the signed contract, Agribank branch Hanoi 1 and Agribank branch of Cao Bang province will finance Hai Phat Investment Joint Stock Company to invest and develop the project, and provide loans and guarantees to individuals purchasing houses at Urban Development Project No. 5A – De Tham Ward, Cao Bang.

At the same time, Hai Phat will also prioritize the use of banking services provided by Agribank, as well as choose Agribank as one of the focal points to arrange capital for projects to be deployed in the future. The cooperation needs will be strengthened exchanges for the two sides to cooperate effectively in the coming time.

The Board of Directors of Hai Phat Investment Joint Stock Company worked with leaders of Agribank Head Office, leaders of Agribank branch Hanoi I and leaders of Agribank branch in Cao Bang province.

As the leading prestigious Real Estate Developer in Vietnam, Hai Phat Investment Joint Stock Company has been operating for nearly 20 years in the real estate field. Over the past years, Hai Phat has mainly focused on developing housing projects in Hanoi and made a mark with projects such as: The Pride, The Vesta, Roman Plaza, Van Phu New Urban Area, Phu Luong New Urban Area, Thuan An Central Lake Urban Area, Van Phuc 24-hour commercial townhouse, … With the motto of constant innovation and sustainable development in 2020, Hai Phat implements brand re-identification, towards resort real estate and industrial real estate development, with the aim of perfecting and developing the ecosystem, providing classy and professional service products and services, benefiting partners and guests and investors.

Stating at the ceremony, Mr. Do Quy Hai, Chairman of Hai Phat Investment Joint Stock Company highly appreciated the partnership with Argibank and expected that today’s cooperation will be the foundation for the two sides to prioritize the use of diversified products and services of each other, thereby promoting and maximizing the potentials, positions and competitiveness of each unit.

Representative of Hai Phat Investment Joint Stock Company signed a credit contract with representatives of Agribank Hanoi branch I and Agribank branch Cao Bang province.

At the signing ceremony, Mr. Hoang Van Chuyen – Director of Agribank Cao Bang highly appreciated the strong development of Hai Phat, pledged to fully implement the contents of the credit contract at the same time expressed his wish the two sides to continue to have deeper cooperation in the coming time.

With more than 30 years of establishment and development, Agribank is the leading commercial bank in Vietnam with total assets of 1 million 400 trillion dong, mobilized capital of nearly 1 million 300 trillion dong, credit scale and investment reached over 1 million billion VND, with the proportion of outstanding loans in the agricultural and rural sectors always accounting for over 70% of Agribank’s outstanding loans and over 50% of the total outstanding loans in the agricultural and rural sectors of the whole system of credit institutions. Agribank’s credit programs have been making an important contribution to the country’s economic development, especially in the field of “Tam Nong”. By investing in facilities, technology infrastructure, diversifying and improving the quality of modern and convenient banking SPDVs, Agribank is currently providing over 200 high quality retail banking SPDVs, meeting the needs of customers’ demand is increasingly diversified and contributes positively to the development of the cashless payment market in Vietnam, contributing to improving access to banking services for the economy.

The credit contract signing ceremony between Hai Phat Investment Joint Stock Company and Agribank Hanoi Branch I, Agribank Branch Cao Bang Province took place successfully.

Through the signed credit contract, Hai Phat and Agribank will work together to promote their capacity and financial resources for the expansion of investment strategy in the coming time. This cooperation promises to create many quality products and services to meet the increasing needs of the community and society.