NOTICE OF SELECTION OF ASSET VALUATION ORGANIZATION FOR PRIORITY USE AT NATIONAL CITIZEN COMMERCIAL JOINT STOCK BANK (NCB) IN 2025

National Citizen Commercial Joint Stock Bank (NCB) announces the selection of an Asset Valuation Organization to prioritize use for credit granting activities at the bank. The specific content is as follows:

1. Requirements for the Valuation Organization

- Belonging to the List of Valuation Enterprises, Valuation Enterprise Branches qualified to practice asset valuation issued by the Ministry of Finance (effective at the time of assessment and the document issued in the year immediately preceding the assessment time).
- Time of doing valuation services for at least 02 years, with a charter capital of at least 02 billion VND.
- Having at least 10 staff members, of which at least 03 must have price appraisal cards.
- Having supporting software and equipment such as Data warehouse, area/dimension measuring equipment, compass, audio recorder, video recorder, camera, GPS locator, etc., and at least 70% of employees are equipped and proficient in using them.
- Having linked/contracted to perform valuation services for at least 02 Credit Institutions.
- Having reputation, capacity, and experience in the market and having a business process that complies with the provisions of law; Committing to not being a defendant in civil disputes related to valuation activities.
- Committing to fully provide the Valuation Certificate and Valuation Report of the asset to NCB and be responsible for the valuation results according to the Valuation Report and Valuation Certificate provided to NCB.
- Committing to explain the valuation results, resolve complaints and questions related to the certificate, and report the valuation results in writing to the State Agency/NCB upon request.
- Committing to keep confidential all information of NCB that the Company obtains during the valuation process, except in cases where it is required to provide it at the request of a competent state agency or with written permission from NCB.
- Signing a cooperation contract with NCB in case it is selected as the preferred asset valuation organization for credit granting activities at the National Citizen Commercial Joint Stock Bank.

2. Applicable period:

The list of selected valuation organizations will be given priority for at least 1 year from the date of selection and will be considered for further selection if they continue to meet the conditions and requirements of NCB.

3. Time and place for submitting application for participation in service provision

- Time for receiving registration documents of valuation organizations: the time for Asset Valuation Organizations to submit their capacity documents to NCB is until November 30, 2024.
- Location for receiving documents:
Hard copies of documents can be submitted directly or by post; scanned documents can be sent to the email address.
+ Contact: Ms. Luong Thi Ngoc Hieu - Credit Policy Department - Risk Management Block - Tel: 0988.084.658.
Email: [email protected]; 
[email protected];
[email protected]; 
+ Address: National Citizen Commercial Joint Stock Bank, address: No. 25 Le Dai Hanh, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi City.

(Note: Documents will not be returned in cases where NCB does not select them).

4. Required documents

Required documents (the documents provided are copies with the Company's authentic stamp) include but are not limited to the following documents:
- The Company's business registration certificate;
- Certificate of eligibility to conduct valuation services;
- The Company's capacity profile;
- The Company's annual periodic report (most recent year) to the Price Management Department - Ministry of Finance;
- The Company's Valuation service fee schedule/service fee policy for customers borrowing capital from NCB; 
- The Company's Service Level Agreements (SLAs) when providing services;
-  Information and documents on the Company's scale (number of employees, number of signed contracts, number of price appraiser cards, number of credit institutions cooperated, etc.);
- List of issued Valuation Certificates and Valuation Reports for credit purposes at NCB, from January 1, 2024 to present (Including but not limited to: Certificate number, customer name, type of asset, asset address, asset value, etc.);
- Decision to appoint the position of General Director, Director of the Company or other documents demonstrating the experience in management and operation of the business of the General Director/Director of the Company;
- Commitment not to be a Defendant in civil disputes related to valuation activities;
- Commitment to the time to explain the valuation results, coordinate with State agencies in case NCB requests.

National Citizen Commercial Joint Stock Bank hereby notifies Valuation Organizations to know and register./.  

                                                                                                                                                                          NATIONAL CITIZEN COMMERCIAL JOINT STOCK BANK