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Agribank further reduces lending interest rates by 0.5%

VTC NewsVTC News17/05/2023


It is estimated that about 2 million customers will be supported with a total amount of money reduced under this program of more than 1,000 billion VND.

This is the 5th consecutive time since the beginning of 2023 that Agribank has adjusted lending interest rates down, directly supporting customers, helping to reduce costs to focus on restructuring and restoring business operations.

Agribank continues to reduce lending interest rates by 0.5% - 1

For short-term credit, Agribank is also implementing many preferential interest rate credit programs, the lowest rate is only from 4.5%/year depending on the loan term and borrower.

In recent times, Agribank has simultaneously implemented policies to restructure debt repayment terms and maintain debt groups according to Circular 02/2023/TT-NHNN; exempt and reduce interest and fees to support customers in repaying bad debts and debts that have been handled for risks during the post-pandemic recovery period; actively implemented 2% interest rate support according to Decree 31/2022/ND-CP, contributing to realizing the goals of the National Assembly and the Government's socio -economic recovery and development program.

Bao Anh


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