Customers who buy corporate bonds 'iBond' issued by Techcom Securities Company Limited can pledge them for a loan from this bank.
As soon as becoming Vinatex’s strategic shareholder in 2014, VID Group used the majority of the shares held in Vinatex as collateral for its debt repayment obligations at Maritime Bank, of which the company is also a shareholder.
9,096 sqm of land that Viet - Nga SG Co., Ltd used as the collateral for loans has been seized by the lender, National Citizen Bank (NCB).
The mortgage is collected as the borrower, VICCOM Joint Stock Company, holds an overdue debt in the Nam A Commercial Joint Stock Bank (Nam A Bank).
These debts have collateral such as real estate, value machines and equipments in Da Nang and Ho Chi Minh City.
After the Vietnam Asset Management Company (VAMC) seized Saigon One Tower project as a collateral, many banks made similar moves with customers violating the debt obligations.
