Vietinbank issues international bonds
Vietinbank (CTG) has successfully raised $250 million worth of international bonds on a five-year term, with a yield of 8 per cent.
The bonds were issued in the European, Asian and the US markets.
Vietinbank plans to issue $2 billion 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 VND54.14 trillion, accounting for 18.5 per cent of the total outstanding loans; while customer deposits in foreign currency hit VND34.17 trillion, 13.3 per cent of the total.
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