BIDV reduces loan interest rates by up to 2% for customers affected by storms and floods

BIDV Tuyen Quang supports loan interest rates for customers after the flood.

The total outstanding loan balance subject to interest rate reduction is VND100,000 billion. Of which, VND40,000 billion is for existing loans and VND60,000 billion is for new loans. The maximum interest rate reduction is up to 2%/year, depending on the level of damage and the customer's loan term.

The program contributes to creating preferential capital sources for customers, helping them overcome immediate difficulties, reduce financial burdens, and easily maintain or restore production and business activities after natural disasters.

Previously, BIDV Tuyen Quang donated 1 billion VND to support Tuyen Quang people affected by storm No. 3 through the Fatherland Front Committee of Tuyen Quang province.

Source: https://baotuyenquang.com.vn/bidv-giam-lai-vay-den-2-cho-khach-hang-bi-thiet-hai-boi-bao-lu-199055.html