VietinBank and another bank or a group of lenders - referred to as a syndicate - shall work together to provide funds for a large project or a sovereignty of businesses; Vietinbank is the leading bank, known as the arranger, the agent or the lead lender. Syndicated loan works under State Bank’s regulations and instructed by VietinBank.
Features of product
- Currencies: VND & foreign currency;
- Interest rate and fee: As agreed between lenders;
- Lending method: lend for investment projects;
- Loan tenor: mid and long term;
- Collateral: real estate, estate, assets formed from loans or other assets
Benefits for businesses
- Total loan amount can be greater;
- Be provided with consultancy regarding corporate finance as well as business administration.
