VND 6,500 billion valuable papers offered by ACB

Friday, April 18, 2008
Asia Commercial Joint Stock Bank (ACB) has been approved by the State Bank to issue long-term valuable papers with the face value of VND 6,500 billion. Under the State Bank Governor’s Decision, the issuance will be carried out in accordance with ACB’s proposals.
Interest rates are also defined so as to ensure the lucrative business and the safety of the bank’s operation and be relevant to the rate of the market.
The issuance of such valuable papers to foreign individuals and organisations will be in line with State Bank regulations and related legal documents.