Top News | Vietnam places ‘extraordinary’ $24 billion rescue for financial institution swallowed up in gigantic scams|Reuters News Agency
Vietnam places ‘extraordinary’  billion rescue for financial institution swallowed up in gigantic scams|Reuters News Agency

Vietnam places ‘extraordinary’ $24 billion rescue for financial institution swallowed up in gigantic scams|Reuters News Agency


business Finance

Reuters Exclusively reported Vietnam has actually accomplished an “extraordinary” rescue of Saigon Joint Stock Commercial Bank (SCB), which was involved in the nation’s largest economic rumor.

Market Impact

By the start of April, the Southeast Asian nation’s reserve bank had actually spent US$ 1.5 billion. $ 24 billion According to among the financial institution papers seen by Reuters, SCB has actually been offered USD 1.5 billion as a “unique car loan”, comparable to 5.6% of the nation’s yearly financial result.

Article Tags

Topics of rate of interest: business Finance

Type: Reuters Best

Area: economic Services

Area: Asia

Country: Vietnam

Types of jackpots: Specialty

Types of tale: Exclusive/ Scoop

media kind: Basic lesson

Customer Impact: Important National Story



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