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CTG: BOD resolution dated February 24, 2023
HOSE - 2/27/2023 4:07:00 PM
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The Board resolution dated February 24, 2023, the Board of Directors of Viet Nam Joint Stock Commercial Bank For Industry And Trade approved the following contents:

  1. Adjustment of the plan for bond issuance to the public in 2022:

-        Interest rate:

  • Interest rate for term 08 years = reference interest rate + 1.2%/year
  • Interest rate for term 10 years = reference interest rate + 1.3%/year

-        Time of implementation:

  • CTG2230T2/01 & CTG2232T2/01: expected from Quarter 1/2023 to Quarter 2/2023
  • CTG2230T2/02 & CTG2232T2/02: expected from Quarter 2/2023 to Quarter 3/2023.
  1. Plan for using capital from the bond offering:

Total proceeds from the bond offering will be used the following purposes:

No.

Content

Plan for using capital (billion dongs)

Disbursement time (estimated)

I

Phase 1

5,000

 

1

Manufacturing and processing industry

2,200

 

From Quarter 1/2023 to Quarter 3/2023

2

Production and distribution of electricity, gas

1,700

3

Other sectors

1,100

II

Phase 2

4,000

 

1

Manufacturing and processing industry

1,700

 

From Quarter 2/2023 to Quarter 4/2023

2

Production and distribution of electricity, gas

1,300

 

3

Other sectors

1,000

 

 

Total

9,000

 

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