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Vietnam Central Bank Allows ANZ To Provide Underwriting Services



HANOI -(Dow Jones)- Vietnam's central bank said Friday that it allowed ANZ Vietnam, a unit of Australia & New Zealand Banking Group Ltd. (ANZ.AU), to provide underwriting services for local bonds.

ANZ Vietnam will be permitted to provide underwriting services for bonds to be issued in the domestic market, The State Bank of Vietnam said in a statement.

ANZ is the second foreign bank to secure such a permission, following HSBC which received the nod from the central bank in June.

-By Nguyen Pham Muoi, Dow Jones Newswires, 84-435-123-041; phammuoi.nguyen@ dowjones.com


  (END) Dow Jones Newswires
  11-20-090421ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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