Product package providing credit for construction contractors with payment sources from the State Budget/ODA

• For Guarantee
  Bid security (Bid Bond), Contract Performance Guarantee, Advance Payment Guarantee: Issuance of a guarantee without Collateral or on the basis of satisfying the Bank’s management requirements.
• Payment guarantee: Issuance of a guarantee with collateral as the right to debt claim
• For loans: Based on the value of the formed debt claim and the value of unfinished output.
  Credit grant currency: VND.
  Credit granting method: Deal by deal/Credit line
  Loan term: No more than 01 year.
  Repayment method: Collect debt corresponding to the loan amount as soon as the customer receives the payment from the investor for the project financed by the Bank.
• For Import L/C Issuance: Issuing import L/C without collateral

• Issuance of Bid Security (Bid Bond), Contract Performance Guarantee, Advance Payment Guarantee without collateral.
• Loans, payment guarantees, issuance of L/Cs with collateral as debt claim with a high and competitive credit granting rate, suitable to Customers’ needs.
• Simple and quick procedure; quick processing time

Customers are main contractors and sub-contractors in progress of construction and equipment installation for new Works, repair, renovation, relocation, restoration, demolition, warranty, and maintenance of construction Works with payment sources from the State Budget/ODA.
Customers, subcontractors, investors and works must meet the Bank’s conditions.

In accordance with the Bank’s regulations from time to time.

Branches and transaction offices of Lien Viet Post Bank nationwide

• Step 1: Customers contact LienVietPostBank Branch/Transaction Office for advice and guidance on loan procedures
• Step 2: LienVietPostBank conducts credit appraisal and notify the results to Customers within the prescribed time.
• Step 3: Customers enter into the contract, complete the relevant procedures and use the granted Credit Line.