The program “Sponsoring VND of foreign currency interest rate” has a limit of up to VND 1,000 billion. Accordingly, corporate customers eligible for credit extension in accordance with the law and ABBANK’s when participating in the program will be allowed to borrow VND with preferential interest rate from only 4.4% / year to buy foreign currency to pay for foreign partners or buy foreign currency to repay foreign currency loans. In addition, for the need for additional loans, corporate customers will be able to apply vnd preferential loan interest rate from only 4.9% / Year.
In order to support corporate customers to supplement working capital, boost production and business, recover after translation, ABBANK implemented the incentive program “Sponsoring VND with foreign currency interest rates” with attractive policies for customers to choose from. In addition to the general incentive program for corporate customers, ABBANK also simultaneously implemented many more attractive programs for Small and Medium Enterprises (SME) and Micro Enterprise (SSE) customers with the hope that want to support preferential and effective capital for promoting business activities in 2021.
Specifically, the program “Receiving preferential capital – Super interest business” for SME and SSE customers who need short-term loans from less than 12 months. With a limit of up to VND 4,000 billion and preferential interest rate from only 6.2% / five SME and SSE customers can access concessional capital for purposes such as supplementing capital for production and business activities of enterprises or investing in fixed assets, machinery and equipment, factories.
In addition, the program “SME – Refunding investment” was also designed specifically by ABBANK for SME customers with medium and long-term capital needs of 24 months or more. The program has a fixed preferential interest rate policy of only 8.5% / year for the first 6 months or 9.5% / year for the first 12 months of the loan.
Abbank’s representative said: “Along with preferential interest rate programs, ABBANK will continue to develop more digital banking services to support the operation of enterprises, thereby enhancing the experience of optimal financial products and services to solve the financial management problem for businesses.”.
Source: enternews.vn – Translated by fintel.vn