Viet Capital Bank’s cheap loans for small firms

Wednesday, Jun 14, 2017 17:31

At a transaction office of Viet Capital Bank. — VNS Photo

Viet Capital Bank has earmarked VND600 billion (US$26.38 million) for lending to small and medium-sized enterprises based in HCM City and the north at an interest rate of 7 per cent.

Under a programme called ‘Connecting Viet Capital Bank with SMEs,’ new SME customers and those who have repaid their old loans at least six months ago can borrow up to 80 per cent of the value of their mortgage.

There is no penalty for early loan repayment.

The programme will be implemented from now until December 31.

For more information, customers can contact the bank’s hotline at 1800 555 599 or its branches around the country. — VNS

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