VRB ISSUES LONG-TERM REGISTERED CERTIFICATE OF DEPOSIT PHASE 3/2022

Providing customers with safe and effective investment opportunities, Vietnam - Russia Joint Venture Bank (VRB) will issue certificates of deposit in the 3rd phase of 2022 with super outstanding interest rates.

1. PRODUCT INFORMATION
- Total issued par value: 1,000 billion VND
- Time: from 28/9/2022 to the end of 31/12/2022 or at the end of the issuance volume, whichever comes first
2. SUBJECTS OF APPLICATION
- Vietnamese organizations and individuals
- Foreign organizations and individuals
3. PRODUCT CHARACTERISTICS
- Currency: VND
- Face value: 100 thousand VND or multiples of 100 thousand VND.
- Minimum total face value of certificates of deposit:
+ For individual customers: 10 million VND
+ For institutional customers: 100 million VND
- Term: 06 months, 09 months, 12 months, 13 months, 15 months, 18 months.
- Applicable interest rates:

No.	Term	Interest rate (%/year)
1	06 months	7.4
2	09 months	7.5
3	12 months	7.5
4	13 months	7.6
5	15 months	7.6
6	18 months	7.6

4. PAYMENT METHODS
- Interest calculation basis: Calculated according to the actual number of days on a yearly basis of 365 days.
- Interest payment method: One time interest payment when due.
5. OTHER PROVISIONS
- Simple mortgage procedures, easy to use capital according to needs.
- Flexible transfer, donation, inheritance.
- Principal and interest are paid throughout the VRB system, regardless of the issuing branch/transaction office.
- The original is paid once to the customer at the time the customer comes to sell the certificate of deposit (original) to VRB.
- In case customers need to use capital, customers can use mortgage products, discount certificates of deposit to borrow capital at VRB according to regulations from time to time.
- To be prepaid in whole or in part. The applicable interest rate in case of early payment is the KKH deposit rate announced by VRB at the time of payment.
- Other contents comply with deposit regulations of VRB, State Bank of Vietnam and other provisions of law.

For any information that needs support, please contact VRB Branch/Transaction Office (details here) or Hotline (free) 1800 6656