The Sai gon Bank announced it will issue shares worth 330 billion VND (20.6mio US$) this year.
The bank hopes to almost double its chartered capital from 690 billion VND (43.1mio US$) to 1.02 trillion VND (63.7mio US$).
The bank also plans to issues convertible bonds worth 1 trillion VND (62.5mio US$). Each 10-month bond will yield an interest rate of 9%.
Source: VNA
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