Agribank offers preferential loans to corporate customers investing in projects in 5 key industries in 2023

09/28/2023 18:56

With the desire to contribute to promoting economic development, Agribank has allocated VND10,000 billion to finance investment projects in five key sectors with preferential interest rates for medium and long-term loans, applicable to disbursements from September 20 to December 31 or until the program is exhausted.

Interest rate incentive program for corporate customers investing in projects in 5 key industries, including processing, manufacturing, production and distribution of electricity and gas (power source projects); transportation and warehousing; Investment projects in construction and business of infrastructure of industrial parks/industrial park clusters; loans for investment in farms for rent; investment in construction of factories and warehouses for rent.

For this incentive program, Agribank commits to fixing the first year's interest rate for medium-term loans from 1 year to 5 years; fixing the first two years' interest rate for long-term loans from 5 years or more with the lowest interest rate from only 7.3%/year.

With this fixed interest rate, Agribank supports businesses in the first years of implementing investment projects to proactively plan their finances, without being affected by fluctuations in interest rates in the market.

In addition, together with the banking sector, which makes important contributions to maintaining macroeconomic stability and promoting economic growth, Agribank synchronously deploys many accompanying solutions, supporting customers through continuously reducing lending interest rates for new and existing customers; implementing preferential credit programs, low interest rates to support corporate customers, support low-income people to buy social housing, health workers and employees and officials receiving salaries from the state budget.

For detailed information on the preferential loan program to finance investment projects for corporate customers in 2023 and other preferential credit programs of Agribank, please contact the Customer Care and Support Center: 1900558818/02432053205 or at 2,300 Agribank transaction points nationwide.

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