ACB supports interest rates for customers with nearly 500 billion VND

Asia Commercial Joint Stock Bank ( ACB ) has just issued a press release on its business results for the first 6 months of 2023.

Accordingly, by the end of June, ACB's credit scale reached over VND434 trillion, up 4.9% compared to the beginning of the year. In the second quarter alone, the growth rate improved strongly, at 5.5%. The bad debt ratio was 1.07%, among the banks with the lowest bad debt ratio in the market. ACB achieved VND10 trillion in profit, completing 50% of the year's profit plan.

ACB continues to implement many cost-saving solutions to issue preferential programs and interest rate support for individual and organizational customers to share and accompany customers to overcome difficulties. The total amount of interest rate support for customers is nearly 500 billion VND. In addition, ACB also promptly implemented support programs under the direction of the State Bank such as: 2% interest rate support (according to Decree No. 31/2022 of the Government on interest rate support from the state budget for loans of enterprises, cooperatives, and business households) with a total disbursement of more than 1.5 trillion VND; restructuring debt repayment terms and maintaining debt groups for 117 customers with a total outstanding debt of 1.2 trillion VND...

ACB Lite automatic bank applies new technology, serving 24/7.

In addition, ACB also promotes digital banking activities by launching many new convenient products such as: Urbox linked card to accumulate points to redeem gifts; ACB Lite automatic bank applies new technology, serves 24/7, opens payment accounts using eKYC and Video Call technology, quickly issues Visa Debit cards...

H.DUNG

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