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Sector
Financials
Size
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Market Cap £976.7m
Enterprise Value £1.12bn
Revenue £344.6m
Position in Universe 733rd / 5957

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

Thu 10th March, 2016 7:31am
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
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