VnEconomy conference: Banks not responsible for bond repayments

Banking expert Mr. Nguyen Tri Hieu told VnEconomy’s online “Development of the corporate bond market: Balancing the advantages of issuers and investors” conference that banks are just service providers, receiving service fees from issuers without being responsible for whether business can repay the bond principal and interest. That means the risk to investors is significant if the issuing company defaults.