Bank Guarantee

Objective:
Issue a contract to guarantee the financial status for companies and general public who submit their bid or contact for having an agreement with the government or other beneficiaries. A bank guarantee is used to facilitate all parties to legally operate their business and build confidence in relationship with JDB.

Benefits:

• • Source working capital for business in a rush hour.
• • Approve money within 5 days. (when full documents are checked).
• • Easy and quick submission of loan request letter.
• • Loan interest is calculated at an effective interest rate.

Loan documents include:

• • Guarantee deposit request.
• • Guarantee deposit form (based on JDB form).
• • Documents for loan request.
• • Documents for collateral.
• • Other relevant documents (if any).

For more information:
Please contact the Joint Development Bank Head Quarter or its service units across the country, Tel: 021-213531-6.