VietinBank continues to reduce lending interest rates for small and medium enterprises from only 6.3%

09/25/2023 16:49

From now until the end of 2023, small and medium enterprises (SMEs) borrowing capital from VietinBank will enjoy preferential interest rates from only 6.3%/year.

Accompanying SMEs in business development, VietinBank has continuously reduced preferential loan interest rates so that SMEs can promptly access cheap capital sources to serve production and business activities.

From September 2023, SMEs can get preferential loans from VietinBank with interest rates starting from only 6.3%/year. The incentive package is worth up to VND 15,000 billion.

The preferential interest rate applies to loans with a term of up to 6 months in VND, newly issued between now and December 31, 2023. To participate in the program, SME enterprises only need to meet the conditions of borrowing capital for the first time at VietinBank or have not disbursed a loan within the past 6 months (*). The special thing about this preferential package is that as the outstanding debt of SME enterprises increases, the interest rate will also be reduced accordingly.

This is a policy to share difficulties with SME enterprises in the context of many challenges in the common market, thereby supporting enterprises to optimize capital costs and improve operational efficiency.

Previously, in July 2023, VietinBank also implemented a preferential loan interest rate reduction for SME businesses. VietinBank is currently one of the pioneering banks providing comprehensive financial solutions for each step of SME development, from the beginning of transactions with the bank until expanding the scale and becoming a loyal customer at VietinBank.

VietinBank's financial solutions fully meet the needs of high-quality products and services of SME enterprises in their development journey. In addition, with 35 years of experience in the Finance - Banking industry, VietinBank also provides enterprises with added value in the form of professional advice based on a deep understanding of the market, so that both parties can accompany and grow together.

With its ability to provide excellent financial solutions for SMEs, VietinBank has been voted by the international organization The Asian Banker as "Best SME Bank in Vietnam" for 3 consecutive years 2021 - 2023.

For more information, please contact VietinBank branches/transaction offices nationwide or Customer Support Center: 1900 558 868; Email: [email protected].

(*) Specific conditions comply with VietinBank regulations

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