The Viet Nam Joint Stock Commercial Bank for Industry and Trade
(ViettinBank) will lend VND2.5 trillion (US$1.2 billion) to the
steelmaker Hoa Sen Group for the construction of two mills containing
cold rolling lines.
Moody''s Investors Service yesterday affirmed the
debt and deposit ratings of the Viet Nam Bank for Industry and Trade
(VietinBank) as B2 in local currency and B3 in foreign currency. The
outlook on the bank''s ratings is stable.