credit-suisse-can-trade-in-vietnam

Credit Suisse can trade in Vietnam

The bank is granted securities trading codes by Vietnam's State Securities Commission.

Lara Wozniak

December 14, 2006

Credit Suisse will announce today that it has been awarded securities trading code certificates from the Vietnam Securities Depository, the central depository controlled by Vietnam's State Securities Commission. This approval will allow Credit Suisse to engage in the trading of domestic equities, as well as government and corporate bonds.

The Securities Trading Code is required for all foreign investors seeking to purchase equity and fixed-income securities that are listed on the Hanoi Securities Trading Centre and the larger Ho Chi Minh City Securities Trading Centre in Vietnam.

We are delighted to have obtained a trading code to buy and sell domestic securities in Vietnam, says Lito Camacho, vice chairman of Credit Suisse, Asia-Pacific. This move...

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