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(Updated: 23/02/2009)
Over the past time, Vietnam and the world have seen ever-frequent volatility in gold price while gold is currently one of the relatively popular investment channels in Vietnam as well as other countries. In an effort to provide investors with more high-profit business channels, since 08 September 2008, Vietnam Export Import Commercial Joint Stock Bank (Eximbank), one of the leading commercial joint stock banks in Vietnam, has decided to launch a gold trading floor at 115 Nguyen Cong Tru Street, District 1, HCM City in cooperation with SJC, a country’s giant brand name in jewelry trading.

At SJC – Eximbank Gold Trading Floor, investors can invest up to 14 times of the transaction value more than their equity capital with initial deposit of only 7% and, at their own discretion, decide on bid and ask prices for their orders. Furthermore, investors will have access to a new investment model with attractive returns on equity ratio (ROE). With selling and buying orders which are matched automatically and continuously through a modern software system that renders high processing speed, investors can timely grasp their investment opportunities and earn expected profits.

To facilitate customers in their transactions, SJC – Eximbank Gold Trading Floor has just launched the internet-based transaction service which allows investors to place their orders anywhere at any time. Therefore, investors can conduct their transactions in the evening, the most eventful time of the world gold market to have more favorable opportunities for trading and investments.

After more than 5 months in operation, SJC – Eximbank Gold Trading Floor has attracted many investors who are organizations, enterprises, and individuals. In comparison to existing gold exchanges, SJC – Eximbank Gold Trading Floor provides more facilities such as: lowest gold lending interest rate, high liquidity, no limitations on cash/gold deposit/withdrawal (payment is effected immediately when orders are matched and no limit is applied); minimum gold of only 5 taels per transaction, thus creating favorable conditions for various investors to conduct their transactions. In future, Eximbank will launch more products to provide investors with more trading options at SJC – Eximbank Gold Trading Floor.

Since its inauguration of the first trading point at Nguyen Cong Tru Street, District 1, SJC – Eximbank Gold Trading Floor has opened 9 more trading agents in the heart of HCM City. In the forthcoming time, SJC – Eximbank Gold Trading Floor will continue to expand its business to other big cities and provinces nationwide where Eximbank’s branches are located.

With a strong financial capacity and secured business environment, Eximbank and SJC are committed to providing gold traders with practical facilities to maximize their profits.


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