ID :
55715
Thu, 04/16/2009 - 06:59
Auther :

Banks allowed to issue valuable papers for 2009

Hanoi (VNA) - The State Bank of Vietnam has allowed the Vietnam Bank for Industry and Trade (Vietinbank) to issue long-term valuable papers with a total value of 10 trillion VND and 400 million USD for 2009.

Earlier, the Asia Commercial Bank (ACB) was approved to issue long-term valuable
papers, worth a combined 11 trillion VND and the Bank for Foreign Trade of Vietnam
(Vietcombank) was permitted to issue valuable papers in foreign currency with total
value equivalent to 10 trillion VND.

The State Bank of Vietnam (SBV) said it will synchronously deploy monetary policy
tools and combine monetary, financial and other macro policies to control inflation
and prevent economic recession.-Enditem




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