Policy Briefs

Fair Finance Vietnam Video on Customer Protection by Banks

In February 2023, Fair Finance Vietnam released a video raising awareness on customer protection by banks. The video covers 4 key messages:

  1. Bonds are medium and long-term capital mobilization channels of enterprises.
  2. Bank bonds are underwritten by some other enterprises.
  3. Bonds will be less risky when secured by assets or guaranteed by the Bank.
  4. Incomplete information is part of life. But consultants are responsible for providing full information, risks

The vble for

customer protection theme of banks

With the knowledge in hand, you have nothing to fear from bonds.
1. Bonds are medium and long-term capital mobilization channels of enterprises. Bonds do not dilute a business owner's control like stocks. Buyers of bonds are lenders for interest, businesses are borrowers, and lending is risky.
2. Bank bonds are bonds of banks. Bank bonds underwritten by some other enterprise.
3. Bonds will be less risky when secured by assets or guaranteed by the Bank.
4. Asymmetric information is a part of life, not 100% transparent. But the consultant is responsible for providing full information, risks and benefits to the client. At the same time, the customer also needs to read the contract in full before placing a pen.
Sample Page
Sample Page
Hello world!