Sacombank offers certificate of deposit at 8.6 per cent interest

Wednesday, Apr 17, 2019 16:18

Sacombank is selling certificates of deposit in dong to individual and corporate customers at attractive interest rates. — Photo courtesy of Sacombank

Sacombank is offering certificates of deposit in dong to individual and corporate customers at attractive interest rates.

The CDs have a minimum face value of VND1 million (US$43) and a tenor of seven years (84 months), and carry an interest rate of 8.6 per cent.

Buyers get incentives like preferential interest rates when borrowing using the CDs as collateral. Besides, they are transferable and can be encashed prematurely.

More information about the programme is available at www.sacombank.com, Sacombank transaction points nationwide and its hotline at 1900 5555 88. — VNS

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