ID :
10346
Thu, 06/19/2008 - 13:06
Auther :
Shortlink :
https://oananews.org//node/10346
The shortlink copeid
Two banks permitted to issue bonds, valuable papers
Hanoi, June 19 (VNA) - The State Bank of Vietnam (SBV) on June 17 gave the go-ahead to two local commercial banks to issue bonds and long-term valuable papers in Vietnam dong this year.
Under Decision 1357/QD-NHNN signed by the SBV Governor, the Military Commercial Joint Stock Bank is permitted to release 3 trillion VND worth of bonds.
Bond interest rates will be fixed by the military bank in line with the SBV's regulations.
According to another decision, No. 1356/QD-NHNN, the Sai Gon Thuong Tin Commercial Joint Stock Bank is allowed to issue long-term valuable papers worth 5 trillion VND in total.
Under Decision 1357/QD-NHNN signed by the SBV Governor, the Military Commercial Joint Stock Bank is permitted to release 3 trillion VND worth of bonds.
Bond interest rates will be fixed by the military bank in line with the SBV's regulations.
According to another decision, No. 1356/QD-NHNN, the Sai Gon Thuong Tin Commercial Joint Stock Bank is allowed to issue long-term valuable papers worth 5 trillion VND in total.
