2. Documents :

• Forms and credit contract to the form of MXBank.
• Guaranteed properties documentation: legal valuable papers/properties ownership status.

3. Features:

Collaterals Valuable Papers Loan is kind of credit product applicable for customer who owns and desires to mortgage those valuable papers in order to conduct trade and production activities or any other demands which are not prohibited by the laws of Vietnam.

4. Object and Conditions:

• Corporate customers whose enterprises are operating in accordance to the laws of Vietnam.
• Customers who legally own valuable papers or letter of attorney of the owner (which is certified by Pubic Notary or competent People’s Committee) authorizing the customers to determine said documents.
• Collaterals valuable papers include:
  • Government securities (governmental securities, treasury bonds, education bond, etc…)
  • State Bank of Vietnam Bills.
  • Other valuable papers determined by MX Bank’s Chief Executive Officer that varies in time.
• Above mentioned valuable papers must be certified in a legal, lawful, and negotiable manner by the issuing organization, and customer agrees to freeze concerned valuable papers in the course of mortgage.  Also, MXBank has the right to clear collaterals as regulated if customer fails to repay at maturity.
• Remaining term of the valuable papers must be longer than term of credit loan at MXBank.

5. Features :

• Currency: VND.
• Term: to be determined based on customer’ needs and remaining term of valuable papers but not over 12 months for each loan.
• Limits: to be determined based on customer’s pragmatic needs and collaterals’ worth.
• Interest rate: calculated based on MXBank’s prevailing regulation.
• Mode of repayment: Principal and interest shall be repaid at once or several times within loan term.