Another bank announced a reduction in interest rates for all customers.

In order to accompany and resolve difficulties for individual customers and corporate customers, helping to reduce the financial burden for loan customers, LPBank has implemented a support package to reduce interest rates for individual customers borrowing for consumption, retail business customers and especially production and business customers with a reduction of up to 1%/year. Applicable at branches/transaction offices nationwide from June 1, 2023 to August 31, 2023.

With a total scale of up to 104,000 billion VND, LPBank prioritizes reducing interest rates for individual customers borrowing for consumption, corporate customers and especially customers borrowing for production and business, with a reduction of up to 1%.

This is the largest interest rate support program that LPBank has implemented in 2023. In preparation for the interest rate reduction, the bank's policy is to reduce operating costs, apply new technology in operations, actively collect bad debts... to create the best resources to support customers.

Another bank announced a mass interest rate cut for customers, image 1. — LPBank has implemented a support package to reduce interest rates for individual consumer loan customers, retail business customers and especially production and business customers with a reduction of up to 1%/year.

The program is implemented with the goal of bringing preferential capital into the production and business sector, supporting economic development in accordance with the orientation of the National Assembly, the Government and the State Bank. On the customer side, LPBank will create maximum convenience for customers through simplifying processes and procedures, most customers do not have to carry out any procedures. LPBank's branches/transaction offices will proactively review and notify customers of interest rate reduction.

LPBank is currently the joint stock commercial bank with the largest network of more than 1,200 transaction points nationwide. With the new strategic orientation, LPBank has been promoting the spirit of solidarity, strong and comprehensive change, outstanding development and commitment to bring the best value and benefits to customers.

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