On April 27, 2009, The State Bank of Vietnam's Governor approved VIBank's application to issue long-term commercial papers in 2009. Total face value of the issues will not exceed VND 5 trillion (or equivalent).

Interate rates applied for approved issues must be set in conformity to terms stipulated at Decision No. 16/2008/QD-NHNN dated May 16, 2008 by the Governor on VND-denominated debt base rate mechanism. The face value for issues is governed by Issue 20 of the Regulations on domestic credit institutions' securities issuance by Decision No. 07/2008/QD-NHNN on March 24, 2008.

Just four days before, the Governor had also approved Sacombank's application to issue VND 10 trillion debt in 2009.

(Exchange rate: USD 1.0 = VND 17,790)