Report
EUR 169.25 For Business Accounts Only

Moody's assigns B2 rating to Saigon - Hanoi Commercial Joint Stock Bank's MTN drawdown

Rating Action: Moody's assigns B2 rating to Saigon- Hanoi Commercial Joint Stock Bank's MTN drawdown. Global Credit Research- 28 Sep 2021. Singapore, September 28, 2021-- Moody's Investors Service has assigned a B2 rating to the USD-denominated senior unsecured debt proposed by Saigon- Hanoi Commercial Joint Stock Bank under its $500 million medium-term note program.
Underlying
Saigon-Hanoi Commercial Bank

Sai Gon Ha Noi Commercial Joint Stock Bank. Saigon - Hanoi Commercial Joint Stock Bank is a Vietnam-based financial institution. The Bank is engaged in commercial banking business for individual and corporate clients. Its products for individual clients include personal loans, such as home mortgage loans, home improvement loans, mortgage swap, education loans for studying abroad, car loans and loan guarantees, as well as individual deposits, such as current accounts, savings accounts, time deposits, on-call deposits and deposit certificates. Its products for corporate clients comprise current accounts, business savings accounts, time deposits, trade financing, documentary discounting, corporate loans, payment guarantees and remittances.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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