The Vietnam Bank for Industry and Trade (VietinBank) will become a partner of the Middle Airports Corporation (MAC) to expand its business operations both at home and abroad.

Under the terms of a comprehensive cooperation agreement signed on Nov. 12, VietinBank pledged to provide service products, soft loans and services charges to MAC and its subsidiary companies to become one of the corporation’s strategic partners.

VietinBank is now one of Vietnam ’s leading commercial banks, posting an annual average capital growth rate of 20 percent.

In addition to its network, which covers the country’s 63 provinces and cities, VietinBank has set up agent relationships with over 850 banks and financial institutions in 90 countries and territories around the world.

Meanwhile, the MAC currently operates seven international and domestic airports in the central region, namely Da Nang , Phu Bai, Chu Lai, Cam Ranh, Phu Cat, Tuy Hoa and Pleiku. The corporation has recorded an annual average growth rate of 15 percent.