Legal entities, private enterprises, cooperatives or companies with borrowing needs for business operations much larger than standard limits allowed by Agribank can apply to use “syndicated loan” of Agribank.
Main features
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Currency:
VND, foreign currencies
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Maximum
loan term: 12 months
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Loan
amount: customers must have equity participation of at least 10% of the total short
term capital needs and of 20% of total medium to long term capital needs.
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Interest:
fixed, floating
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Loan
security: with or without assets as collateral, or by 3rd party
guarantor
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Lending
method: single or multiple lending as requested by customers
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Repayment
of principle and interest: single or multiple principle payment, monthly repayment
on interest or regular repayment as negotiated.
Delivery channels
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Direct
mail, branches/transaction offices, ATM’s, Mobile Banking, Internet Banking
Technology applied
Agribank uses automated system (IPCAS)
to track customer information, accounts, signatures, photos, amounts of
interest payment, etc. with the highest security and accuracy.