BAC A BANK continues to offer more than 25 million bonds in the second public issuance

Phu Huong DNUM_ABZACZCACD 08:06

(Baonghean.vn) - After the success of the first Bond issuance in September 2022, with the goal of diversifying the investment portfolio and optimizing customer benefits, from January 30, 2023 to February 27, 2023, Bac A Commercial Joint Stock Bank (BAC A BANK) continues to offer 25,646,000 bonds.

BAC A BANK representative said: BAC A BANK's public issued bonds are non-convertible, non-warrant, unsecured bonds, satisfying the conditions to be included in the Issuer's Tier 2 capital. The second issued bonds are divided into 3 Bond symbols: BAB202202-07L (7-year term), BAB202202-07C (7-year term) and BAB202202-08C (8-year term).

From January 30, 2023 to February 27, 2023, Bac A Commercial Joint Stock Bank (BAC A BANK) continues to offer 25,646,000 bonds. Photo: BAB

With a face value of VND 100,000/bond, interest paid periodically every 12 months, BAC A BANK Bonds help customers access a safe and stable source of income. Along with other investment channels such as savings or regular deposit certificates. BAC A BANK's public bond issuance in 2022 - Phase 2 applies an attractive flexible interest rate each year.

The expected time to buy back the bonds is also very flexible, with 3 Bond symbols: BAB202202-07L, BAB202202-07C, BAB202202-08C being 18, 24 and 36 months.

Customers transact at BAB. Photo: BAB

In particular, after the bonds are deposited and listed, BAC A BANK allows customers to take out loans against bonds, applying super competitive interest rates, creating conditions for customers to be proactive in their finances if they suddenly need capital. In addition, customers can also fully exercise the rights of bond owners including transfer, donation, inheritance; and can easily trade on the Hanoi Stock Exchange (HNX).

The minimum purchase quantity for individual investors is 500 bonds, for institutional investors is 1,000 bonds. The registration period for Phase 2 is from January 30, 2023 to 9:00 a.m. on February 27, 2023. Bonds are distributed directly at the Head Office and BAC A BANK Branches/Transaction Offices nationwide.

BAB Keep your mind bright to reach far and wide. Photo: BAB

Being licensed to issue and officially offer bonds to the public once again helps BAC A BANK continue to affirm its stable financial health, strict compliance with legal regulations and commitment to providing the market with safe, effective, transparent and highly liquid financial investment products and solutions.

In addition to providing full and comprehensive financial services, Bac A Commercial Joint Stock Bank always pays special attention and focuses on investment consulting activities for a generation of sustainable businesses, for high-tech application fields, agricultural modernization and social security, such as clean food processing, hospitals and schools meeting international standards right in Vietnam.

According to the plan, BAC A BANK will issue 4 bonds, with a total offering value at par value of up to 4,000 billion VND.

The quality and operational efficiency of BAC A BANK are always affirmed and developed in an increasingly modern and sustainable direction with a consolidated and expanded network system nationwide. Established in 1994 in Nghe An, up to now, BAC A BANK owns 166 transaction points, including 01 Head Office, 52 Branches, 113 Transaction Offices in 39 provinces and cities nationwide.

For more information, please visit website www.baca-bank.vn, contact BAC A BANK branches/transaction offices or Customer Care Center 1800 588 828.

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BAC A BANK continues to offer more than 25 million bonds in the second public issuance
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