VPBank offers low-cost loans until September

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The Viet Nam Prosperity Commercial Bank (VPBank) has launched the preferential loans up to VND5 trillion (more than $238 million) to small-and-medium-sized enterprises nationwide.

The programme, which will end in September, will provide a preferential interest rate of two per cent less than the normal rate. — File Photo

HA NOI (Biz Hub) — The Viet Nam Prosperity Commercial Bank (VPBank) has launched the preferential loans up to VND5 trillion (more than $238 million) to small-and-medium-sized enterprises nationwide.

The programme, which will end in September, will provide a preferential interest rate of two per cent less than the normal rate.

Fung Kai Jin, the bank's deputy general director, said the bank considered the SMEs to be an important segment for their long term development strategy. — VNS


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