With the nation's fine tradition of mutual love and the mission of "Accompanying development", the Executive Board of Sacombank's grassroots trade union has mobilized union members and staff across the system to join hands to support people in provinces and cities affected by storms and floods. In that spirit, more than 18,000 union members and staff of Sacombank have voluntarily contributed at least 01 day's salary/person, with a total contribution of more than 12.7 billion VND.

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The Executive Committee of Sacombank's grassroots trade union has transferred the above amount to the Fatherland Front Committees in localities and the Ho Chi Minh City Labor Federation to support people in affected areas.

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Previously, Sacombank coordinated with local authorities in Thai Nguyen and Lao Cai provinces to directly visit and present many gifts with a total value of 500 million VND to help people overcome the damage caused by storm No. 3. The bank also contributed 500 million VND to the program to support people in the Northern provinces launched by Tuoi Tre newspaper and directly joined Tuoi Tre newspaper to award "Preventing Dropouts" scholarships to students and teachers in heavily flooded areas.

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In addition, Sacombank has implemented many incentives for customers affected by storms and floods such as a program to reduce interest rates up to 2%/year for existing loans; loan capital up to 10,000 billion VND, minimum interest rates from 4% - 5% for new loans; reduce service fees up to 50% and waive early repayment fees for all loans. Sacombank branches/transaction offices located in storm-hit areas have also reviewed, shared and accompanied customers, seeking solutions to restore production and business activities and stabilize life.

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The Dinh