Bank bonds now selling wellVietNamNet Bridge - Issuing corporate bonds was not the typical method used by banks to mobilize capital in the past, but that has changed. Lien Viet Post Bank, for example, plans to issue VND4 trillion worth of bonds this year, while VND2 trillion worth of valuable papers were issued in 2015. The National Citizen Bank (NCB) has approved the plan to issue VND1 trillion worth of bonds this year, higher than last year’s VND200 billion. Issuing corporate bonds was not the typical method used by banks to mobilize capital in the past, but that has changed. VP Bank, which has the ‘habit’ of issuing bonds, would see the issuance scale increasing by 76 percent this year.

Source: VietNamNet News July 28, 2016 07:07 UTC