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Submitted by unname1 on Wed, 11/09/2011 - 17:05
Leading speakers from the Asia Pacific Loan Market Association (APLMA) shared their expertise on practical legal issues concerning international loans and forms of guarantee for them at a workshop held in Ho Chi Minh City on November 9.

Representatives from more than 200 banks and businesses attended the event organized by the Vietnam Chamber of Commerce and Industry.

APLMA experts focused their presentations on APLMA standard contracts and documents, practical legal issues related to the structure of syndicated loans, and other popular loan forms as well as guarantee modes.

Lawyer Abdul Jabbar from Rajah & Tann law firm described poor foreign language skills as the major barrier to borrowing loans from overseas.

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