2.3. The concept and role of short term credit of Bank 2.3.1. The concept According to the decision of 324 Governor State Bank of Vietnam, short-term credit is the way that credit institutions for short-term borrowers in order to meet the needs of capital for production, sales, service and life.Time limit for short-term credit are credit institutions customers agreed to a maximum of 12 months, as determined in accordance with the cycle of production, sales and customer's repayment capability.
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