HDBank supports garment exporters

Friday, Jun 03, 2016 09:03

HCM CITY (Biz Hub) — The HCM City Development Bank (HDBank) will continue its programme of supporting garment exporters with a number of priorities.

Under the programme, garment exporters will receive loans with a value of as much as 100 per cent of the import letter credit.

In addition, many lending programmes with preferential interest rates will be offered to these companies.

HDBank said the programme aims to help garment companies in need of capital for mid- and long-term production implement export orders.

It will also help garment companies overcome challenges and strengthen competitiveness when the Trans Pacific Partnership agreement takes effect.

The programme will be available until the end of the year. — VNS

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