The lender hopes the bond issue will enhance its position and brand in the international market, diversify capital mobilisation channels and help ensure the capital adequacy ratio.
Local banks are planning to raise capital in international bond markets as they face growing pressure to hike capital to satisfy Basel II standards by early next year.
Viet Nam has postponed a US$3-billion international bond issuance
plan due to unfavourable conditions in the global finance and monetary
market, the finance ministry said.
The Government''s proposal to issue US$3 billion in international bonds
may be the best solution to handle the country''s rising national debt,
said several vocal economic analysts and government officials.
The Bank for Investment and Development of Viet Nam (BIDV) has not set a specific time for issuing international bonds, said the bank''s spokesperson, Quach Hung Hiep.
