Three foreign investment firms have invested US$165 million in convertible Tier 2 bonds issued by HDBank to help increase lending to retail and small and medium enterprises (SMEs).
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) signed an agreement to issue convertible bonds and enter into a strategic tie-up with DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH (DEG) in HCM City on Friday.
An Cuong Wood Working Joint Stock Company announced it has
entered into a strategic investment and development partnership with
VinaCapital Vietnam Opportunity Fund, and DEG – Deutsche Investitions-
und Entwicklungsgesellschaft mbH (DEG) on June 15.
