Agribank provides individual and household customers with “fixed assets loan” for buying fixed assets such as factories, heavy equipment and industrial machinery for project purposes.
Main features
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Currencies:
VND, foreign currencies
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Term:
medium to long term
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Loan
amount: upon negotiation, customers must have equity participation of at least
15% of the total capital needs.
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Interest
rate: fixed, floating
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Loan
security: with or without assets as collateral or third-party guarantor
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Disbursements:
full disbursement or in partial disbursements (multiple disbursements)
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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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Branches/transaction
offices, borrowing groups, enterprises, credit institutions or Internet Banking
Technology applied
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Agribank
uses automated system (IPCAS) to track customer information, accounts, amounts
of interest payment, etc. with the highest security and accuracy.