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Nam Long and VietinBank signed a strategic cooperation agreement

On the morning of March 5, Nam Long Investment Joint Stock Company (HOSE: NLG) and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) signed a strategic cooperation agreement, aiming to best exploit the advantages of each party in business and provide outstanding real estate ownership solutions for home buyers.

Báo Sài Gòn Giải phóngBáo Sài Gòn Giải phóng07/03/2025

Accordingly, VietinBank will be a strategic partner accompanying Nam Long in the process of developing projects; supporting financial solutions, financing projects, providing guarantees for contractors to construct projects developed by Nam Long; consulting and supporting retail services from investment to distribution, cash flow management of each project; closely connecting with agents to provide preferential financial services to Nam Long's customers; consulting on financial solutions for each stage to long-term development plans in the future.

VietinBank and Nam Long will also use each other's systems to enhance brand promotion, create sustainable values for each business, and contribute to the common development and prosperity of the community and society.

Nam Long and VietinBank signed a strategic cooperation agreement

Nam Long and VietinBank signed a strategic cooperation agreement

Speaking at the signing ceremony, Mr. Lucas Loh, General Director of Nam Long Group said: “The signing of the strategic cooperation with VietinBank will bring many opportunities for Nam Long to develop more integrated urban areas and key projects in the future, especially in the context of the real estate market entering a new cycle with many positive changes. Based on trust and common values, we believe that this cooperation will create an important premise for us to develop together, create common values, support home buyers better and better, contributing to improving the quality of life of Vietnamese people as the mission of each enterprise”.

On the side of VietinBank, Mr. Pham Quoc Long, Director of Southern Customer Center shared: “VietinBank highly appreciates the potential and quality of real estate projects developed by Nam Long, especially large-scale urban areas with a level of investment in infrastructure and facilities, serving the needs of population dispersion to create a sustainable market in the future. In the past 3 years, VietinBank has participated comprehensively in providing retail products for individual customers buying real estate developed by Nam Long, VietinBank has financed up to 80% of the capital needs for home buyers at projects implemented by Nam Long such as Akari City, Mizuki Park, Izumi City, Waterpoint. This is the basis and premise for signing a comprehensive strategic cooperation agreement between Nam Long and VietinBank".

"VietinBank commits to providing financial support from corporate customers to implement projects to individual customers (KHCN) buying houses for Nam Long projects under implementation. In addition, with a foundation of more than 8 million KHCN using digital platforms and more than 20,000 VietinBank employees, we will design products and services specifically for customers and VietinBank employees buying real estate from Nam Long and dedicate specialized resources to implement this cooperation program," said Mr. Pham Quoc Long.

The signing of a comprehensive cooperation agreement between Nam Long and VietinBank is expected to bring outstanding real estate ownership solutions to home buyers.

The signing of a comprehensive cooperation agreement between Nam Long and VietinBank is expected to bring outstanding real estate ownership solutions to home buyers.

It is known that this year Nam Long will continue to promote the implementation of large urban areas such as Waterpoint phase 1 (165ha - Long An ), Nam Long - Dai Phuoc (45ha - Dong Nai), Izumi City (170ha - Dong Nai), Nam Long - Can Tho (43ha), with more than 2,000 products...

Based on the brand reputation of more than 33 years of urban development in Vietnam, Nam Long has always received support from many major banks. In the coming time, in addition to long-term partner VietinBank, Nam Long will continue to strengthen strategic and comprehensive cooperation with banks, deploy a series of superior financial solutions, and support home buyers.


Source: https://www.sggp.org.vn/nam-long-va-ngan-hang-vietinbank-ky-ket-hop-tac-chien-luoc-post784599.html


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