Monday, August 21, 2017 - 13:51:18

Banks offer low rate loans to businesses

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Sacombank and seven other banks on June 18 signed credit contracts worth more than 1,209 billion VND (57.5 million USD) to support 44 businesses and six households in Ho Chi Minh City’s District 9 and Thu Duc district. 

The other banks are Agribank, Vietinbank, BIDV, Dong A Bank, Eximbank, HDBank, and OCB. 

Sacombank will offer a total of 50 billion VND (5.38 million USD) in support for 13 businesses at interest rates beginning at 10 percent year. 

The signing ceremony was chaired by the State Bank of Vietnam’ HCM City Branch in collaboration with the HCM City Department of Industry and Trade, and the People’s Committee of District 9 and Thu Duc district. 

Since the beginning of this year, Sacombank has offered 15 preferential packages worth a total of 19,450 billion VND (926.19 million USD) and 90 million USD to support businesses and individuals following policies set by the Government and the State Bank of Vietnam.-VNA

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