Vietinbank issues international bonds
Vietinbank (CTG) has successfully raised 250 million USD worth of
international bonds on a five-year term, with a yield of 8 percent.
Vietinbank (CTG) has successfully raised 250 million USD worth of
international bonds on a five-year term, with a yield of 8 percent.
The bonds were issued in the European, Asian and the US markets.
Vietinbank plans to issue 2 billion USD worth of bonds, and in February, the Government agreed to allow the bank to issue international bonds.
The bank's outstanding foreign currency loans as of last year reached nearly 54.14 trillion VND, accounting for 18.5 percent of the total outstanding loans; while customer deposits in foreign currency hit 34.17 trillion VND, 13.3 percent of the total.-VNA
The bonds were issued in the European, Asian and the US markets.
Vietinbank plans to issue 2 billion USD worth of bonds, and in February, the Government agreed to allow the bank to issue international bonds.
The bank's outstanding foreign currency loans as of last year reached nearly 54.14 trillion VND, accounting for 18.5 percent of the total outstanding loans; while customer deposits in foreign currency hit 34.17 trillion VND, 13.3 percent of the total.-VNA
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