JSC Bank for Investment and Development of Vietnam, Thanh Hoa Branch (BIDV Thanh Hoa) announces the seizure of collateral as follows:

1. Total outstanding of Mr Tran Trung Nam – Mrs Nguyen Thi Hong Van at BIDV Thanh Hoa as of  06 Feb 2020: VND419,249,715 (In words: Four hundred and nineteen million, two hundred and forty-nine thousand and seven hundred and fifteen dong), in particular:

- Principal: VND 370,431,000

-Overdue interest: VND 48,818,715

2. Information of collateral: Apartment No.206, H2 building, Phu Son ward, Thanh Hoa city, Thanh Hoa province.

3. Reason for seizing: Handling collateral to recover debts as agreed in the Mortgage Contract and the provisions of law.

4. The time of seizing security assets: 26 Feb 2020 until the seizure has been completed.

5. Place of seizure: At the place of the collateral.

6. Term of seizure: From the time of seizing until the security property is handled, auctioned off for debt collection by BIDV Thanh Hoa Branch or until the Borrower fulfills the debt repayment obligation.

7. Security asset handling price: Using valuation results of agencies and organizations with price appraisal function. The cost of hiring valuation agencies and organizations is included in the cost of handling security assets.

8. Handling method: Public auction through a functional auction organization selected by BIDV - Thanh Hoa Branch.

9. Contact information:

-Mrs Le Kim Lien - Personal banking department; Tel: 0917783819

-Mr Dinh Vinh Quang - Personal banking department; Tel: 0979.596.677

Address: BIDV Thanh Hoa, 26 Le Loi Boulevard – Dien Bien ward – Thanh Hoa city – Thanh Hoa province


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