Deploying a preferential loan package of 50 billion VND for students

On February 24, Asia Commercial Joint Stock Bank (ACB) announced that within the framework of the University - Locality - Enterprise Connection Festival held on the afternoon of February 22 in Ho Chi Minh City, representatives of ACB and Ho Chi Minh City National University signed a Memorandum of Understanding to implement a program to provide financial support for students with an expected loan budget of VND 50 billion in 2025.

Báo Nhân dânBáo Nhân dân24/02/2025

Representatives of ACB and Ho Chi Minh City National University signed a Memorandum of Understanding on cooperation in financial support for students.

The memorandum marks and opens up opportunities for long-term cooperation between ACB and one of the leading public higher education institutions in the country, while also expressing the desire to accompany and provide financial support to the young generation - the generation that will master the economy in the future.

Accordingly, Professor, Dr. Nguyen Thi Thanh Mai, Vice President of Ho Chi Minh City National University and Ms. Dinh Thi Thu Thao, Vice Director of ACB Personal Banking Division signed a memorandum of understanding to exploit each side's strengths and help students in difficult circumstances.

According to the minutes, Ho Chi Minh City National University and ACB will cooperate long-term to develop and implement a financial support program for students with an expected loan budget of VND50 billion in the first year (2025). The bank also established a preferential loan mechanism specifically for students, including approval criteria, support interest rates, disbursement methods and reasonable repayment periods.

ACB representative emphasized that through the financial support program for students, it will increase the opportunity for future generations to access the door of knowledge. In addition to loan support, ACB also cooperates with universities in recruiting personnel, notably with the annual program for final year students such as The Next Banker.

The preferential loan package for students is the next new preferential credit program that ACB has launched targeting young customers. Previously, the bank also announced a home loan package for young people , the first bank to launch it after the Prime Minister's conference with commercial banks.

“First Home” loan package for customers aged 18-35 with preferential interest rates from only 5.5%/year, loan term up to 30 years, first fixed interest period up to 5 years, simple and flexible loan procedures.

It can be seen that ACB's efforts in continuously "rejuvenating" both the brand image and products and services applying technology, and the approach to nurturing future generations. This bank affirms that it wants to shorten the gap with young people with smart and comprehensive financial solutions, not only student loans, home loans but also payments, cards... to become the leading bank for the young customer segment in the future.


Source: https://nhandan.vn/trien-khai-goi-vay-uu-dai-50-ti-dong-cho-sinh-vien-post861347.html


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