Securities backed loan limited at 3b dong

30-Jun-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 8:46 PM Print This Post

Click&Phone Securities Joint Stock Co has announced that it started cooperating with Maritime Bank-Cau Giay Branch to launch the securities mortgage lending service with the limit of three billion dong at the lending rate of 10.5 percent a year (0.875 percent a month).

Investors can mortgage securities with the lending limit of over 300 percent of share par value and the lending time of at least 10 days and at most three months.


Category: Finance

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