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Benefits:
- Opportunities to participate in the Stock Market when you are short of funds
- Using this loans to buy households commodities or enjoy interesting vacations
- Taking an opportunity to run your business without having to liquidate your shares
- Solving your financial problems in only several days when you have not received money by selling shares from your securities company.
- Loan amount: up to 50% value of shares valued by VIB Bank
- Term of Loan: Depends on the loan purpose and repayment resource of the customers.
- Lending rate: Attractive, according to the interest rate fee of VIB Bank
- Repayment methods: Flexible and depends on the financial ability of the customer.
Conditions for shares as security:
- Listed in the stock exchange market
- Registered in the Stock Transaction Centers
- Named Financial, Banking, Insurance, Petrol, Transportation,… Stocks in the OTC market
Application Documents:
- Loan application (using VIB Bank’s form)
- The certification of the ownership of the shares.
- Copy of Identification Card belonging to the borrower.
- Other documents needed by VIB Bank.
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