VIB to Lend on Corporate Deposit Mortgage
The Vietnam International Commercial Joint Stock Bank (VIB) announced to lend on corporate deposit mortgages from December 13, 2010. According, companies with deposits placed at VIB are eligible for this product.
Borrowers will use their deposits as a guarantee for new loans. Remarkably, customers can use demand deposits as security for new loans.
Moreover, corporate customers will be offered special interest rates. They can borrow Vietnamese dong, US dollar and euro with a maximum maturity of up to 12 months.
Q.C
Vietnamese
