For domestic or foreign enterprise customers, Agribank can provide guarantee confirmation service, where Agribank as a guarantee confirmer, will undertake to ensure that the guarantors will fulfill their obligations towards enterprises under the guarantee agreement.
Main features
- Currency: VND, foreign currencies
- Term: short term, medium and long term as negotiated
- Guarantee amount: the guarantee amount shall not exceed 15% of the equity capital of Agribank
- Security for the guarantee: security deposits, pledged assets, collateral, third-party guarantor, and other means of security as guided by Agribank
- Guarantee fees: as regulated from time to time and as prescribed by each branch