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Bank of Nagoya signs biz cooperation agreement with Vietnam

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Bank of Nagoya signs biz cooperation agreement with Vietnam

Bank of Nagoya Ltd. said Dec. 20 that it signed a memorandum of cooperation with Vietnam's Foreign Investment Agency to support the Japanese lender's customers' business expansion in the Southeast Asian country.

A number of Japanese banks have made agreements with several Vietnamese banks and government agencies to help with customers' business expansion and to find new businesses overseas to counter thinning domestic margins.