More News
LENDING & CREDIT | Cesar Tordesillas, Vietnam

Vietcombank offers $96M in low-interest loans

Vietcombank will allocate VND 2 trillion or US$96 million to provide low-interest loans for business and consumption purposes.

The bank will offer loans with a 13% annual interest rate for businesses to help them supplement their working capital.

Loans up to a maximum period of 12 months at 14% interest will also be offered to customers to buy houses, build new houses and repair houses to live in or lease.

These preferential loans will be applied between May 21 and September 21, 2012, which is expected to help enterprises and individuals overcome their current financial difficulties.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.