Sustainable development is an inevitable trend, requiring the participation of all individuals and organizations. Not only building strategies and implementing action programs, in recent times, MSB has also accompanied customers towards this goal. This is demonstrated through many incentive programs, green credit packages and specialized products of MSB to help customers expand market share, with effective linkages and value chains in production, business, etc.

To provide more resources for agricultural production and business development, from now until the end of 2024, MSB will implement a preferential program with interest rates from only 7%/year (equivalent to 0.58%/month), meeting diverse needs from production, business to consumption for this customer group.

Beneficiaries of this incentive include: individuals and households engaged in agricultural production and business in the key economic sectors of the locality in the Central Highlands, Southeast, and Mekong Delta; with key industries of the region such as: rice, coffee, pepper, durian cultivation and owners of agricultural material businesses.

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Under the program, MSB offers borrowers a loan limit of up to VND8.8 billion, financing up to 95% of the capital usage plan to invest in assets and supplement working capital for business operations. In particular, MSB waives early repayment fees for customers.

With this incentive program, the maximum loan amount depends on the needs and income of farmers, the maximum loan term is 120 months, competitive interest rates are calculated on the decreasing balance, the disbursement and repayment methods are flexible according to the crop harvest season, suitable for the income cycle of farmers; the collateral is the house, agricultural land of MSB customers, or of relatives in the family who co-sign the loan/co-pay the debt...

In addition to meeting capital needs, MSB's preferential program also provides credit to serve the daily spending needs of farmers when they need to advance money for consumption and living expenses before the harvest season... to improve and enhance the quality of life.

“MSB's support of capital for farmers with reasonable interest rates and flexible loan conditions, suitable to their needs, not only helps people ensure their production and living needs, and connect with farming from a safe credit source, but also contributes to the sustainable development of Vietnamese agriculture,” said a representative of MSB.

For more information, visit: https://www.msb.com.vn/vi/w/vay-phat-trien-nong-nghiep-vung-trong-diem- or contact hotline 24/7: (024) 3944 5566.

Established in 1991, after nearly 33 years of formation and development, MSB has continuously grown, creating many important milestones in the banking and finance industry. MSB currently has over 260 branches and transaction offices nationwide and has transactions with over 500 correspondent banks in over 60 countries and territories. MSB currently has over 6,000 employees, serving over 5.4 million individual customers and nearly 100,000 corporate customers.

Ngoc Diep