Specifically, with the credit card interest rate reduction program "Super low interest rate, super fun spending", Nam A Bank international credit card holders (excluding Happy Digital cards) can enjoy extremely attractive preferential interest rates from only 8%/year. The program applies until September 24 for Nam A Bank international credit cards that have outstanding debt during the program implementation period.
For cardholders with collateral being valuable papers issued by Nam A Bank, the preferential interest rate is 8%/year; with other collateral at 10.5%/year; without collateral at 12%/year. According to a market survey, credit cards of banks currently have interest rates ranging from 10.5%/year to 38%/year.
Normally, in the last 6 months of the year, the demand for loans to boost production, business and consumption tends to increase. Vietnam's macro economy is also gradually recovering and developing positively, leading to more room in the market for businesses to increase capital sources and buffers to accelerate production and business.
With a positive outlook for the second half of 2024, the banking industry will increase its momentum to contribute to promoting economic growth according to the Government's goals. Grasping the needs of the market as well as promptly implementing the State Bank's solutions in stabilizing the macro economy, Nam A Bank has just applied an attractive medium-term loan interest rate of only 6%/year for business loans and 6.2%/year for consumer loans within the first 3 months.
Nam A Bank representative said: " In addition to adjusting lending interest rates, the bank continuously reviews and simplifies loan procedures and documents to create favorable conditions for customers to access capital to boost production, business and consumption in the last months of the year."
Source: https://www.congluan.vn/ngan-hang-tung-hang-loat-uu-dai-lai-suat-nhan-dip-he-post303059.html
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