Two more banks respond after the conclusion of the Government Inspectorate

(NLDO) – Another bank has official information about some contents in the inspection conclusion, pledging to protect the rights of shareholders, investors and customers.

Regarding the conclusion of the Government Inspectorate on corporate bonds, on the morning of October 21, Orient Commercial Bank (OCB) said that during the period of issuance and use of capital from bonds for business purposes, OCB always strictly performed its responsibility of information disclosure and fully fulfilled its financial obligations to investors regarding the timely payment of principal and interest according to the terms and conditions of issuance.

"Regarding the conclusion of the authorities on some errors that arose in the previous period, the bank has reported and explained in detail the causes and solutions as soon as it received the request. The recommendations and reminders were also acceptedby OCB , learned from experience and promptly updated into the internal processes and procedures for corporate bond issuance operations in the future" - said the representative of this bank.

This bank affirms that with the standards of safe, transparent and law-abiding operations, OCB always complies and commits to the responsibility of accompanying the sustainable development of the Vietnamese financial market.

The Government Inspectorate announced the inspection conclusions of 67 issuing organizations in the period 2015 - 2023.

The Military Bank (MB) has just officially informed about some contents stated in the inspection conclusion of the authorities, and at the same time affirmed its commitment to protect the interests of shareholders, investors and customers.

According to the conclusion of the Government Inspectorate, MB is one of the organizations inspected within the scope of issuing individual corporate bonds, with the announced purpose of using capital as "serving credit and investment needs".

During the inspection, a number of bond lots were selected for review at a time when MB had not yet implemented investment activities, because the bank focused on prioritizing loan capital sources - in accordance with the announced content and scope.

As reported by Nguoi Lao Dong Newspaper, on October 17, the Government Inspectorate announced the conclusion of the inspection on the compliance with policies and laws in the issuance of individual corporate bonds and the use of funds from this activity at 67 issuing organizations in the period 2015 - 2023. The report showed the participation of many large enterprises and a number of commercial banks.

"MB has fully performed its obligations on all the mentioned bonds, most of which have been paid off, and the remaining amount (about 650 billion VND) is being managed in accordance with regulations. MB is always steadfast in its adherence to modern governance standards, maintaining financial stability and sustainable development, in order to serve customers, shareholders and partners effectively and safely" - a representative of this bank stated.

Previously, Asia Commercial Bank (ACB) also responded regarding two batches of bonds issued by the bank in 2018 and 2019. According to the conclusion of the Government Inspectorate, these two batches of bonds were intended to use capital for medium and long-term loans, but at some inspection times, the reports had time discrepancies and included short-term loans. ACB said it had completed the review, adjustment and submitted a corrective report to the authorities on September 24, 2025, as required.

Source: https://nld.com.vn/them-2-ngan-hang-phan-hoi-sau-ket-luan-cua-thanh-tra-chinh-phu-196251021074544932.htm