Vietnam's VietinBank signs $200 mln syndicated loan with 18 foreign banks

Far Eastern International Bank

10/03/2016 07:31

HANOI, March 10 (Reuters) - VietinBank  CTG.HM , Vietnam's 
second biggest bank by market value, said on Thursday it has 
signed a $200-million syndicated loan with 18 foreign banks, led 
by BNP Paribas  BNPPZ.UL  and Taipei Fubon Commercial Bank 
 FUBFNB.UL . 
    Other banks include Commerzbank AG  CBKG.DE , State Bank of 
India  SBI.NS , BDO Unibank  BDO.PS , Chang Hwa Commercial Bank 
 2801.TW , Taiwan Business Bank 2834.TW , Far Eastern 
International Bank  2845.TW  and Export-Import Bank of China 
 2544.HK . 
    The foreign currency loan will provide credit for 
manufacturing and business activity at corporate clients, 
VietinBank said in a statement on its website. 
    The statement did not disclose the term or the interest rate 
of the deal. 
 
 (Reporting by Mai Nguyen; Editing by Joseph Radford) 
 ((mai.nguyen@thomsonreuters.com; +844 3825 9623; Reuters 
Messaging: mai.nguyen.thomsonreuters.com@reuters.net)) 
 
Keywords: VIETINBANK LOANS/BNP PARIBAS TP FUBON BANK (URGENT