VPBank offers 0% interest rate for individual loans

Tuesday, Dec 10, 2013 16:51

Transactions at VPBank. The bank is concentrating on individual customers as a lending strategy. — Photo 24h.com.vn

HA NOI (Biz Hub) ― VPBank has launched a preferential lending package, offering an interest rate of zero per cent per year for the first three months for individual loans each amounting to VND5 billion (US$238,100).

This applies for business and investment, as well as consumer spending for house construction, repair and car purchases, until January 25, 2014.

The bank said it was concentrating on individual customers as a lending strategy. Currently, it has VND5.77 trillion ($274.76 million) in equity and over VND150 trillion ($7.14 billion) in total assets. ― VNS

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