LPBank has developed a preferential policy to reduce lending interest rates by a limit of VND 5,000 billion for corporate customers and VND 3,000 billion for individual customers.
Specifically, the lending interest rate for corporate customers is only from 7.5%/year and for individual customers is only from 8.5%/year. This is also one of the timely policies of the Bank to accompany the State Bank to remove difficulties for businesses, especially those businesses that need short-term loans to serve production and business.
In addition to adjusting lending interest rates, the Bank has also implemented many solution packages to provide flexible financial solutions to customers. LPBank has officially launched the product "Super fast loan for production and business within 24 hours" from May 25, 2023. The outstanding advantage of the product is the credit notification time within 24 hours. In particular, the requirements for application procedures are extremely simple and flexible. LPBank is committed to continuing to be proactive and pioneering in accompanying the Government, the State Bank and customers to overcome difficult times.
After 15 years of construction and development, LPBank has achieved important milestones on its journey to becoming the leading retail bank in Vietnam, maintaining its position as the joint stock commercial bank with the largest network of more than 1,200 transaction points nationwide. In the period of 2023 - 2028, with a clear strategic direction from the Board of Directors, the Board of Management, the spirit of solidarity for comprehensive innovation of the staff and the support of shareholders, partners and customers, LPBank is expected to embark on a journey of outstanding development, bringing the best value and benefits to customers.
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