Welcoming 2024, BAC A BANK launches a preferential interest rate loan package from only 6.6%/year

Lowest Interest Rates in 20 Years: Borrow Now or When?

At the press conference on the implementation of banking tasks in 2024 held on January 3, Deputy Governor of the State Bank - Mr. Dao Minh Tu said that this agency has continuously reduced the operating interest rate 4 times in 2023 with a reduction of 0.5-2%/year. Up to now, the deposit and new lending interest rates of commercial banks have decreased by more than 2%/year compared to the end of 2022. The Deputy Governor assessed that lending interest rates are at the lowest level in the past 20 years.

"Easy Loan - Financial Security" program from Bac A Commercial Joint Stock Bank. Photo: BAB

Meanwhile, at the beginning of the year, individual customers often have many plans to spend, make large purchases or start production and business plans. Access to loans with preferential interest rates is certainly a favorable start to completing personal financial goals.

This year, 30 years old and newly married, although he has a need to buy a house, Mr. Nguyen Tien Tung is showing quite a bit of hesitation. “In a big city like Hanoi, the supply of apartments is not too scarce. However, to be able to buy a house with a budget of less than 2 billion VND, which is suitable for the financial capacity and income of young couples, but still meets the needs of use, is really difficult. Hopefully in the near future, the State will have support policies, banks will implement more preferential loan packages, so that the opportunity to buy a house with low interest rates is more favorable for people" - Mr. Tung shared.

Easily access preferential capital from BAC A BANK with interest rates from only 6.6% / year

Grasping the needs of the market, closely following the direction of the Government and the State Bank, from now until June 30, 2024, BAC A BANK is implementing the program "Easy loans - Financial stability" throughout the system. The attractive point is that BAC A BANK's loan packages are designed not only to be diverse and flexible in terms of terms but also to suit the criteria and borrowing desires of many customer groups.

Customers can easily access preferential loans from BAB. Photo: BAB

Specifically, customers who need to supplement short-term capital to serve seasonal spending and business needs can choose preferential loan interest rates from only 6.6%/year. Meanwhile, customers who need medium and long-term loans for construction, buying houses, buying cars, investing in production and business, etc. can refer to and choose interest rates from only 7.5%/year. In addition, loans for planting and caring for agricultural and industrial plants are also among the categories supported by the bank in this program.

By participating in BAC A BANK's new credit package, customers can also receive a loan amount that meets 80-90% of their needs based on diverse collateral and simple procedures. This is considered an extremely competitive incentive in the current market. The design of many loan options with different preferential periods helps customers easily balance their cash flow depending on their financial capacity and ability to repay debts.

With a Program limit of up to 7,000 billion VND, BAC A BANK hopes that "Easy Loan - Financial Security" will contribute to improving the quality of life and opening up breakthrough opportunities for many customers in 2024.

For more information about the program, please visit the website www.baca-bank.vn, contact Customer Service Center 1800 588 828.

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