City HCM (VNS / VNA) – The Ho Chi Minh City Commercial Joint Stock Bank (HDBank) has unveiled a online preferential credit package of 5,000 billion VND (220 million USD) with an interest rate of only 4.99%.
The ‘Online loans at preferential interest rates aims to support family businesses and small and medium-sized enterprises (SMEs) in the restoration of their production, as well as in the improvement and expansion of their activities.
It also aims to promote the use of online transactions by customers.
The bank will automatically send a proposal to applicants, respond to their inquiries and advise them on the procedures within 24 hours. It will keep all information confidential.
The program will run until March 31 when the entire amount is loaned.
HDBank has increased its Swift PME plan to 10,000 billion VND (440 million USD) with interest rates of 6.2% per annum.
Customers must adhere to the bank’s loan conditions and follow simple procedures for borrowing. They can file their documents at any branch until December 31.
For individual clients and micro-businesses, HDBank has launched the “Joining Hands – Moving forward sustainable” program which offers loans at preferential interest rates from 6% until March 31.
HDBank also offers three loan packages with interest rates ranging from 3% to homeowners to ease the pressure they have to exert to pay off their debts and to ensure a stable income at the start of the country’s new normal.
HDBank has always provided businesses and family businesses with capital financing formulas that help them overcome difficulties, balance their cash flow and reduce financial pressure during a period of recovery.
To help customers conduct safe and smooth global financial transactions during the pandemic, HDBank has accelerated its document scanning process with a comprehensive set of tools such as eAccount (opening accounts for online businesses), eCredit (approval online credit 24/7), eLC (online L / C issuance), eTT (online international money transfer), eFEX (online currency sales), eFactoring (online factoring) and eDrawdown (online loan disbursement).
It has so far supported private and professional clients to the tune of more than 42 trillion VND (1.8 billion USD).
Apart from preferential interest rates, the bank also offers exemption and reduction of a number of fees that help customers optimize costs and improve capital efficiency.
Sovico Group and HDBank have donated hundreds of billions of ng to the National COVID-19 Vaccine Fund in addition to medical equipment like ambulances, ventilators, test kits, etc. to various localities to help fight the pandemic to get the country back to normal./.