Enterprise Customers
Loans for buying shares through IPO
(Updated at 10:8, 9/7/2010)
Agribank provides “loans for buying shares through IPO” to meet the needs of enterprises.

Type of borrower: IPO buyers

 

Main features

 

-          Currencies: VND

-          Term: no more than 5 years (for foreign investors: not exceeding the time allowed residing in Vietnam or the remaining time of business license)

-          Loan amount:

·         For company’s employees who are in the list for preference shares:

·         For investors:

  • Pledging such shares as collateral for the loan: maximum loan amount equals 50% total value of shares at bid price
  • Pledging by other assets: loan amount shall not exceeding 75% value of secrutiy assets.

-          Interest: fixed, floating

-          Loan security: secured by assets formed from loan capital or other assets as prescribed

-          Disbursements: directly into account of company

-          Repayment of principle and interest: single principle payment

 

Delivery channels

 

Agribank branches/transaction offices

 

Technology applied

 

Agribank uses automated system (IPCAS) to track customer information, accounts, amounts of interest payment, etc. with the highest security and accuracy.

Online Banking

ATM/POS locations

Forms, Fees and Interest rates
View savings interest rates
View service charges

Registration form

Applied at Operations Centre of Agribank

Exchange Rate
Updated at
Applied at Agribank Operations Centre

Agribank Contact Center
1900558818