Guarantee confirmation

Created on 15/3/2010
Updated at 12/7/2010

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

 


Quang Hung
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