EucoCapital, BIDV to Mortgage Listed Shares

11:03:48 AM | 3/10/2008

EuroCapital Securities Company has joined hands with the state-owned Bank for Investment and Development of Vietnam (BIDV) to provide the service of mortgaging listed securities for loans.
 
Customers who want to borrow capital for the purposes of personal consumption or business can pledge their listed shares within six month. The interest rate will be inflexibly adjusted depending on the market situation.
 
Each client can access the total loan worth of maximum VND3 billion.
 
Earlier, BIDV and Vincom Securities have also inched deal to jointly lend stock investors by holding their listed shares, at monthly interest rate of 1.75 per cent. (Labor)