VPBank officially informs about bond issuance activities

(Chinhphu.vn) - Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has just officially informed about some contents stated in the conclusion of the Government Inspectorate and affirmed that VPBank is always committed to protecting the interests of bondholders, customers, partners and shareholders.

VPBank affirms its commitment to protecting the interests of bondholders, customers, partners and shareholders.

According to the conclusion of the Government Inspectorate , VPBank is one of the organizations inspected in the scope of individual corporate bond issuance activities. During the inspection, 7 bond lots (issued in 2016, 2021, 2022) were issued for medium and long-term loans. However, in reality, at the time of issuance, VPBank did not have any medium and long-term disbursements, so the bank optimized and used the capital source for 12-month term loans.

When these loans matured according to the repayment schedule, VPBank continued to use this capital to disburse according to the announced purpose. All the above bond lots have been fully paid principal and interest to bondholders on time.

At the same time, VPBank has applied measures to separate bond mobilizations on the system to ensure strict compliance with the inspection agency's instructions.

With the conclusions on information disclosure obligations, VPBank quickly completed the audit work and fully disclosed information in accordance with regulations.

Therefore, with the motto of transparent and sustainable development, VPBank affirms to always comply with risk management standards and ensure the interests of investors, partners and shareholders of VPBank.

Mr. Minh

Source: https://baochinhphu.vn/vpbank-thong-tin-chinh-thuc-ve-hoat-dong-phat-hanh-trai-phieu-102251022102754359.htm