Sacombank supports corporate businesses

Monday, Mar 04, 2019 16:54

Sacombank has unveiled a concessional loan package worth VNĐ9 trillion (US$387.9 million) for lending to corporate customers. — Photo courtesy of Sacombank

Sacombank has announced it has earmarked VNĐ9 trillion (US$387.9 million) for lending to corporate customers at preferential interest rates of 7 per cent onwards.

The concessional loans are available to trading and manufacturing firms in industries like plastic, seafood, rubber, animal feed, construction materials, consumer goods, pharmaceuticals, medical equipment, textiles, and footwear.

The credit programme will run until June 30.

Last year the bank ran several preferential loan programmes for corporate customers worth a total of VNĐ15 trillion.

It also organised other programmes to support businesses like “Corporate Bank 4.0” with preferential fees and promotions worth up to VNĐ10 billion ($430,900). — VNS

Comments (0)