Card Services Personal Loans Corporate Loans Remittances Installments by credit cards Deposits - Savings Electronic Banking Online Tax Payment International Payments Deposit payment Insurances When is effective period of the advance payment guarantee? The guarantee is only valid when entire advance amount under contract is credited to account and Kienlongbank blocks 100% of the guarantee value for issuance of letter of guarantee. What is the maximum loan term for short-term working capital supplementation? Not more than 12 months per one disbursement. How is guarantee method? By limit or by time. In addition to general credit documents, what documents do customers need to provide when applying for a Bid Security? Notice of invitation to bid / Letter of invitation to bid; or Bidding Documents / Bidding Rules. For customers who are subcontractors (in case the obligee is the investor); Contract signed between the main contractor and subcontractor; The document containing the investor's approval for the subcontractor's participation in the contract performance; or The contract is signed between the investor, the main contractor and the subcontractor. How is the loan term determined by Kienlongbank? The loan term is determined by Kienlongbank based on the business cycle; capital recovery period of investment project; the customer's ability to repay debts; Kienlongbank's loan capital and remaining term of operation according to the establishment decision or operation license in Vietnam according to the regulations of the competent authority. During the guarantee period, does customer have right to supplement and replace security property? Yes, they can. Why when considering and deciding to give a loan, Kienlongbank requires customers to have a certain minimum equity capital at each period of participating in business plans, investment projects? Equity is one of the factors proving the borrower's financial capacity. Requiring customers with own capital to participate in production and business plans, investment projects at a certain percentage of Kienlongbank to increase responsibility in implementation of projects and plans of the Customer; at the same time minimizing risks for the bank; binding and enhancing borrowers' liabilities; At the same time, saving financial costs (reducing interest expenses) for production and business plans, investment projects. Who is suitable for pre-shipment export finance product? The product is suitable for exporters that need to borrow capital right after signing foreign trade contracts or receiving letters of credit from importers. Who is suitable for post-shipment export sponsored products? The product is suitable for exporters that need to borrow money right after delivery and have not received payment from importers. Which currency customers pay for foreign currency debts? Debt collection will be made in the same foreign currency of the disbursed loan. In case of other foreign currency, it shall be converted at the cross rate announced by Kienlongbank at the time of debt payment. « ‹ 1 2 3