From May 2019, VietCredit Finance Joint Stock Company (VietCredit) issues Certificate of Deposite in the third phase for organizations nationwide with attractive interest rates up to 10%/year.
As a based of general finance company and started to enter the field of consumer lending, in 2018, VietCredit is officially in the market, formerly known as Cement Joint Stock Finance Company with a history of more than 10 years of operation.
Alongside with the development of consumer loans, VietCredit also issued a set of core values: Excellent customer service, Continuous improvement, Decisive action, Honesty and Integrity, making it the guide for all business activities.
Accordingly, VietCredit has pioneered in providing financial solutions throughout the VietCredit loan card. This is the first and unique type of loan card in the market, with some convenient features, flexibility, clear interest rate and especially this does not charge any fees from customers. Loan card users are totally active in spending, paying debts, up to their needs and income.
According to the report of the last annual general neeting of shareholders, after one year in operation in consumer lending sector, VietCredit has imprinted the mark on the market with total outstanding loans of more than 500 billion VND. The service network has developed rapidly in more than 23 provinces nationwide. The company has approached and served more than 65.000 customers, while maintaining a relatively low bad debt ratio, just under 1%, compared to the average rate in the market.
The figures above have shown the substantial growth rate alongside with the safety indicators of VietCredit in recent years. This is also a factor attracting many investors as well as large organizations in the market in the captical mobilization phases at the end of 2018 and beginning of 2019, when the number of investors is always higher than the volume offered. The issuance phases of certificate of deposit of VietCredit has seen the investment participation of 5 major banks, 2 securites companies, 1 large fund and many enterprises with a total investment value up to 900 billion VND at the end of the first quarter of 2019.
Since May, 2019, VietCredit has continued implementing the third issuance program of certificate of deposit with total value of 1,000 billion VND. Accordingly, customers can trust in investing in certificate of deposit of VietCredit with an atractive interest rate up to 10%/year for a 12-month period and an amount of just 100 million VND.
Especially, certificate of deposit buyers can choose their period from 6 to 36 months and customers can convert the certificate of deposit into many forms of trading, exchanging, giving, donateing, inhereting, transfering,.. According to the regulations. This program will last from now to 31/12/2019 or untill the release volume is sufficient.
Talking about the third issuance of certificate, Mr Ho Minh Tam – Director of VietCredit said: ” Issuing certificate of deposit is a basic operation of a finance company, like the way a bank mobilizes capital from civilians. In this issuance, businesses will have more attractive channels to invest their idle funds safely. About VietCredit, medium and long term capitals are added in order to continuously bring customers optimal financial products and services.”
“VietCredit has joined the market in the context of technoligical development. Therefore we have implemented a digital transformation strategy with the cooperation of many finance companies in the world to optimize the business model, operation and risk management” – Mr Tam remarked.
For all information about Certificate of Deposit, please contact:
Hotline: 19006515 – Website: vietcredit.com.vn
About VietCredit:
Tin Viet Finance Joint Stock Company (VietCredit) was established under the establishment and operation license No. 59 /GP-NHNN issued by the State Bank of Vietnam on June 18, 2018 and was granted the first business registration certificate by the Business Registration Department – Hanoi Department of Planning and Investment on June 2, 2008 (Enterprise code: 0102766770). As of September 28, 2018, VietCredit has a capital of VND 604,921,000,000.
Ánh Dương,
From VNEconomy