Securities Pledge

A joint product between BSC and credit institutions, providing securities collateral services to customers with a diverse portfolio and competitive interest rates.

Benefits

When using the collateral loan package at BSC, customers will enjoy the following benefits:

• Maximum loan limit of up to 20 billion VND, not exceeding 50% of the collateral value and no more than 5 times the par value of the stock.
• Loan term of up to 12 months.
• Simple and fast loan procedures, promptly meeting customers’ securities trading needs.

Form of Implementation

• Lending secured by listed securities.
• Lending secured by unlisted securities.

Conditions for Implementation

• Customers must have a securities account at BSC.
• Individual customers must be Vietnamese citizens, at least 18 years old, and have permanent residence in any province or city in Vietnam.
• The customer must have legal ownership of the securities used as collateral for the loan, as recognized by law.
• Customers must not have bad debts or overdue debts at any credit institution at the time of credit approval.
• The collateral securities must: Be free of disputes, transferable, and listed in the accepted collateral list of the credit institution.
• Include stocks from the VN30 and HNX30 indices or listed stocks with a market capitalization of at least 300 billion VND and an average trading volume of at least 200,000 shares per session over the most recent 30 trading sessions.

Implementation Guide

• Loan application form (BIDV template).
• Securities collateral agreement.
• Securities trading account opening agreement at BSC Securities Company.

Interest Rate: Applicable as per the interest rates announced by the credit institution from time to time.