VietinBank announces public bond offering (Phase 2)
VietinBank announces public bond offering (Phase 2)
I. Introduction to the Issuing Organization
1. Full name of the Issuing Organization: JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM.
2. Abbreviation: VietinBank or VIETINBANK,
3. Registered office address: 108 Tran Hung Dao, Cua Nam Ward, Hoan Kiem District, Hanoi City.
4. Telephone number: 024 3941 8868; Fax: 024 3942 1032; Website: www.vietinbank.vn.
5. Charter capital: VND 48,057,506,090,000 (Forty-eight thousand fifty-seven billion five hundred six million nine hundred thousand).
6. Stock code: CTG, listed on Ho Chi Minh City Stock Exchange.
7. Payment account opening place: Head office of Joint Stock Commercial Bank for Foreign Trade of Vietnam
8. Account number: 224450200.
9. Business registration certificate number: 0100111948 issued by Hanoi Department of Planning and Investment for the first registration on July 3, 2009, issued the 12th time for change registration on September 8, 2021.
- Main business lines: "Financial intermediation" - Industry code 6419, with main business activities being banking and the activities and services permitted to be carried out under the Establishment and Operation License granted by the State Bank of Vietnam, Business Registration Certificate and Charter of Organization of VietinBank's operations, in accordance with the provisions of the law, including:
+ Receiving non-term deposits, term deposits, savings deposits and other types of deposits.
+ Providing credit in the forms of: lending; discounting, rediscounting of transfer instruments and other STIs; bank guarantees; issuing credit cards, domestic payment guarantees.
+ Opening payment accounts for customers.
+ Providing domestic payment services: providing means of payment; providing check, payment order, payment authorization, collection, collection authorization, letter of credit, bank card, collection and payment services.
+ Opening accounts: Opening accounts at the SBV; opening accounts at other commercial banks, foreign bank branches.
+ Organizing internal payments, participating in the national interbank payment system.
+ Cash management services, bank and financial consulting; asset management, safekeeping services, rental of safes and safety deposit boxes.
+ Corporate financial consulting; consulting on purchase, sale, merger, acquisition and investment consulting.
+ Participating in bidding, buying and selling of Treasury bills, transfer instruments, Government bonds, SBV bills and other STIs on the money market.
+ Buying and selling Government bonds, corporate bonds.
+ Issuing certificates of deposit, promissory notes, bonds to mobilize capital in accordance with the Law on Commercial Banks, Securities Law, Government's regulations and instructions of the SBV.
+ Borrowing from the SBV in the form of refinancing in accordance with the Law on the SBV and the SBV's instructions.
+ Borrowing, lending, depositing and receiving deposits from commercial banks, foreign bank branches, domestic and foreign financial institutions in accordance with the provisions of law and instructions of the SBV.
+ Contributing capital, purchasing shares in accordance with the provisions of law and instructions of the SBV.
+ Entrusting, accepting entrustment, agency in the field of banking, insurance business, asset management in accordance with the provisions of law and instructions of the SBV.
+ Dealing in and providing foreign exchange services in the domestic market and on the international market within the scope prescribed by the State Bank of Vietnam.
+ Dealing in and providing interest rate derivatives.
+ Securities custody.
+ Trading gold bullion.
+ Electronic wallet.
+ Providing commodity price derivatives.
+ Investing in Government bond futures contracts.
- Main products and services:
+ Products and services for individual customers: Deposits; loans; payments; card services; digital banking services; remittance services; foreign exchange buying and selling, insurance...;
+ Products and services for corporate customers: Deposits; loans; payments, cash flow management; guarantees, discounts, supply chain financing and reverse payment guarantees, payment and cash flow management; international payments and trade finance; foreign exchange and capital market trading; electronic banking services; card services; various insurance services...
10. Establishment and Operation License: No. 13/GP-NHNN issued by the State Bank of Vietnam (SBV) on June 17, 2022.
II. Purpose of the Offering:
The purpose of VietinBank's public offering/issuance of bonds is to increase its operating capital, increase Tier 2 capital and ensure safe operating ratios as prescribed by the SBV, while also aiming to lend to the economy (including loans disbursed before and after the time of bond issuance).
III. Offering Plan:
A. General information about the offering rounds:
VietinBank has been granted a Certificate of Registration of Public Offering of Bonds No. 91/GCN-UBCK by the State Securities Commission on May 29, 2023 with specific information as follows:
1. Type of security: Non-convertible bonds, without warrants, without collateral and meeting the conditions for inclusion in VietinBank's Tier 2 capital in accordance with current law.
2. Bond denomination: VND 100,000/bond (One hundred thousand dong/bond)
3. Total number of bonds offered to the public: 90,000,000 bonds (Ninety million bonds) divided into 2 rounds:
- Round 1: 20,000,000 CTG2230T2/01 bonds and 30,000,000 CTG2232T2/01 bonds;
- Round 2: 15,000,000 CTG2230T2/02 bonds and 25,000,000 CTG2232T2/02 bonds.
B. Information about the second round of publicly offered bonds:
1. Bond name:
- 8-year term bond.
- 10-year term bond.
2. Type of bond: The bond is non-convertible, without warrants, without collateral and meets the conditions for inclusion in VietinBank'
I. Introduction to the Issuing Organization
1. Full name of the Issuing Organization: JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM.
2. Abbreviation: VietinBank or VIETINBANK,
3. Registered office address: 108 Tran Hung Dao, Cua Nam Ward, Hoan Kiem District, Hanoi City.
4. Telephone number: 024 3941 8868; Fax: 024 3942 1032; Website: www.vietinbank.vn.
5. Charter capital: VND 48,057,506,090,000 (Forty-eight thousand fifty-seven billion five hundred six million nine hundred thousand).
6. Stock code: CTG, listed on Ho Chi Minh City Stock Exchange.
7. Payment account opening place: Head office of Joint Stock Commercial Bank for Foreign Trade of Vietnam
8. Account number: 224450200.
9. Business registration certificate number: 0100111948 issued by Hanoi Department of Planning and Investment for the first registration on July 3, 2009, issued the 12th time for change registration on September 8, 2021.
- Main business lines: "Financial intermediation" - Industry code 6419, with main business activities being banking and the activities and services permitted to be carried out under the Establishment and Operation License granted by the State Bank of Vietnam, Business Registration Certificate and Charter of Organization of VietinBank's operations, in accordance with the provisions of the law, including:
+ Receiving non-term deposits, term deposits, savings deposits and other types of deposits.
+ Providing credit in the forms of: lending; discounting, rediscounting of transfer instruments and other STIs; bank guarantees; issuing credit cards, domestic payment guarantees.
+ Opening payment accounts for customers.
+ Providing domestic payment services: providing means of payment; providing check, payment order, payment authorization, collection, collection authorization, letter of credit, bank card, collection and payment services.
+ Opening accounts: Opening accounts at the SBV; opening accounts at other commercial banks, foreign bank branches.
+ Organizing internal payments, participating in the national interbank payment system.
+ Cash management services, bank and financial consulting; asset management, safekeeping services, rental of safes and safety deposit boxes.
+ Corporate financial consulting; consulting on purchase, sale, merger, acquisition and investment consulting.
+ Participating in bidding, buying and selling of Treasury bills, transfer instruments, Government bonds, SBV bills and other STIs on the money market.
+ Buying and selling Government bonds, corporate bonds.
+ Issuing certificates of deposit, promissory notes, bonds to mobilize capital in accordance with the Law on Commercial Banks, Securities Law, Government's regulations and instructions of the SBV.
+ Borrowing from the SBV in the form of refinancing in accordance with the Law on the SBV and the SBV's instructions.
+ Borrowing, lending, depositing and receiving deposits from commercial banks, foreign bank branches, domestic and foreign financial institutions in accordance with the provisions of law and instructions of the SBV.
+ Contributing capital, purchasing shares in accordance with the provisions of law and instructions of the SBV.
+ Entrusting, accepting entrustment, agency in the field of banking, insurance business, asset management in accordance with the provisions of law and instructions of the SBV.
+ Dealing in and providing foreign exchange services in the domestic market and on the international market within the scope prescribed by the State Bank of Vietnam.
+ Dealing in and providing interest rate derivatives.
+ Securities custody.
+ Trading gold bullion.
+ Electronic wallet.
+ Providing commodity price derivatives.
+ Investing in Government bond futures contracts.
- Main products and services:
+ Products and services for individual customers: Deposits; loans; payments; card services; digital banking services; remittance services; foreign exchange buying and selling, insurance...;
+ Products and services for corporate customers: Deposits; loans; payments, cash flow management; guarantees, discounts, supply chain financing and reverse payment guarantees, payment and cash flow management; international payments and trade finance; foreign exchange and capital market trading; electronic banking services; card services; various insurance services...
10. Establishment and Operation License: No. 13/GP-NHNN issued by the State Bank of Vietnam (SBV) on June 17, 2022.
II. Purpose of the Offering:
The purpose of VietinBank's public offering/issuance of bonds is to increase its operating capital, increase Tier 2 capital and ensure safe operating ratios as prescribed by the SBV, while also aiming to lend to the economy (including loans disbursed before and after the time of bond issuance).
III. Offering Plan:
A. General information about the offering rounds:
VietinBank has been granted a Certificate of Registration of Public Offering of Bonds No. 91/GCN-UBCK by the State Securities Commission on May 29, 2023 with specific information as follows:
1. Type of security: Non-convertible bonds, without warrants, without collateral and meeting the conditions for inclusion in VietinBank's Tier 2 capital in accordance with current law.
2. Bond denomination: VND 100,000/bond (One hundred thousand dong/bond)
3. Total number of bonds offered to the public: 90,000,000 bonds (Ninety million bonds) divided into 2 rounds:
- Round 1: 20,000,000 CTG2230T2/01 bonds and 30,000,000 CTG2232T2/01 bonds;
- Round 2: 15,000,000 CTG2230T2/02 bonds and 25,000,000 CTG2232T2/02 bonds.
B. Information about the second round of publicly offered bonds:
1. Bond name:
- 8-year term bond.
- 10-year term bond.
2. Type of bond: The bond is non-convertible, without warrants, without collateral and meets the conditions for inclusion in VietinBank'