Workers in eight provinces and cities get loans at preferential rates

Wednesday, Nov 16, 2022 17:00

HDBank and HD Saison are deploying a consumer loan package for workers in many provinces and cities. — Photo courtesy of the bank

After signing an agreement with the Vietnam General Confederation of Labour to provide a VND10 trillion (US$403.1 million) loan package to workers at industrial parks around the country, HDBank subsidiary HD SAISON Finance Company Limited has quickly deployed the funds to provide support to workers.

So far workers in eight provinces and cities, including Dong Nai, Nghe An, Binh Duong, Long An, Da Nang, and HCM City have accessed the preferential loan package at half the market interest rate.

HDBank and HD Saison are rushing to deploy the programme in other provinces and cities.

The programme is being implemented according to the orientation of the State Bank of Vietnam and is expected to help workers access formal consumer finance to improve their living standards and avoid loan sharks.

This is the first time a large preferential consumer loan package has been dedicated to workers.

HDBank will accompany HD Saison, which owns the largest service network in the market with more than 24,000 transaction points in 63 provinces and cities, to implement the programme, helping workers and employees even in remote areas find it easy to access this preferential loan package.

In addition, the HD SAISON app, integrated with the most modern technology available today, helps customers access loans conveniently.

Workers can apply for loans at — VNS

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