Besides working capital, medium and long-term funding is also an essential need for businesses. Understanding the needs of businesses, and in order to support and share the difficulties with customers in the context of a challenging economy, VietinBank has promptly launched a medium and long-term credit program of exceptionally large scale, up to VND 130,000 billion.
Not only is this credit package impressive in scale, but it also attracts corporate customers thanks to its highly competitive interest rates, starting from just 5.6%/year in the first year; just 5.9%/year for 18 months, and just 6.5%/year for 24 months.
Specifically, VietinBank prioritizes applying the most favorable interest rates to businesses operating in priority sectors as directed by the Government and the State Bank of Vietnam, such as electricity, electrical equipment, telecommunications, and export businesses, etc.
This is a special credit program implemented by VietinBank for corporate customers who use a variety of the bank's products and services, with flexible interest rate preferential periods of up to 24 months, helping businesses proactively choose the interest rate option that suits their operations.
This program applies to loan agreements with the first disbursement from March 5, 2024 to the end of April 2024 or until further notice from VietinBank.
As a bank with strong financial potential, VietinBank is capable of financing and arranging capital for large projects and is also one of the few banks that are offering generous preferential interest rates on medium and long-term loans on a large scale at the present time.
Alongside this credit package, VietinBank has also recently launched the STEP UP credit package for short-term business borrowing needs, with a massive scale of up to 300,000 billion VND and interest rates starting from only 5% per year for short-term loans in VND.
These two credit packages demonstrate VietinBank's commitment to supporting the business community and its efforts to minimize costs, thereby allocating affordable capital for businesses' production and operations.
In addition to enjoying preferential interest rates, businesses partnering with VietinBank also receive professional and dedicated advice from a team of experienced staff, and participate in current promotional programs such as exemption from over 20 types of fees when participating in the Business Account Package, up to 100% fee waiver on transactions on the VietinBank eFAST digital banking platform for businesses, receiving up to VND 100 million when buying and selling foreign currency and depositing money in the SME Hung Thinh – Phat Tai program… along with many other attractive offers.
Businesses in need of medium- and long-term loans can contact the dedicated Customer Service Hotline for Corporate Customers: 1900 558 886 or the nearest VietinBank branch/transaction office.
(*) This program is subject to the regulations and conditions of VietinBank at each period.
Businesses can register to open a payment account here.
Source
Comment (0)