The unlisted bank, 15 percent owned by HSBC Holdings Plc., should sell the bonds and use the proceeds in line with a plan approved by the State Bank of Vietnam, a statement on the central bank's website said Tuesday.
Hanoi-based Techcombank, Vietnam's seventh-largest lender by assets, had 24 trillion dong in assets at the end of June, up 38 percent from the end of 2006.
The bank has yet to publish details of the debt issues.
Source: Thanh Nien
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