Vietnam's state-run Vietindebank said on Wednesday it planned to purchase four Boeing 787 planes to lease to domestic airlines.
"We have applied for permission from the government to establish a company to lease planes," a spokesman for the Hanoi-based bank said.
He said the company would be fully operational by 2015.
The country's flag carrier Vietnam Airlines has placed an order for four Boeing 787 planes with the first delivery scheduled next year.
The bank, Vietnam's second-largest bank by assets, said on Wednesday it planned to issue shares to the public for the first time in the last quarter of this year.
Vietindebank, which has hired U.S. investment bank Morgan Stanley as an adviser on its initial public offering, said it planned to list overseas after its domestic listing, but declined to give further details.
Source: Reuters
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