Credit Limit Secured By 100% Deposit

Name: Ngân hàng thương mại cổ phần Phương Đông
Address: Tòa nhà 41 (tầng trệt, lửng, lầu 1, lầu 2) và tòa nhà 45 Lê Duẩn - Phường Bến Nghé - Quận 1 - TP Hồ Chí Minh, Hồ Chí Minh, HCM, 700000, VN
Telephone: +84 1800 6678
Price range: $$$

This is a form of credit financing in which collateral is 100% client’s deposits placed at OCB under ownership of the clients or third parties to secure for financial obligations with OCB.

TARGETED CUSTOMER

The enterprises, economic organizations established and operated under the prevailing Law of Vietnam and are in need of credit financing secured fully by deposit pledged at OCB.

Product Feature

Purpose of financing

Supplement working capital requirement

Forms of financing

Deal by deal / credit line drawdown

Loan tenor

Subject to customers’ request

Drawdown currency

VND and/or foreign currencies

Collateral

Deposits at OCB (saving books, deposit agreements, balance of payment account, valuable papers, etc.)

Quick disbursement within 1 hour
Credit utilization may exceed the deposit balance
Competitive interest rate
No penalty for early repayment
Simple documentations and loan process

Registration procedure

Please kindly fill in the form with your information, we will contact you in soonest time.

Categories

Short-term Credit

Overdraft For Corporate Enterrpises

SME Express Loan

Overdraft foe large corporate