As the Covid-19 pandemic is causing profound impacts on all aspects of life and society, in order to promptly support borrowers to stabilize business activities and overcome difficulties, Agribank has implemented a loan reduction ratio for individuals and organizations borrowing capital in VND.
As the Covid-19 pandemic is causing profound impacts on all aspects of life and society, in order to promptly support borrowers to stabilize business activities and overcome difficulties, Agribank has implemented a loan reduction ratio for individuals and organizations borrowing capital in VND.
Specifically, for loans on July 15, 2021, Agribank Khanh Hoa reduces more 10% of the current lending interest rates for short-term loans with interest rates from 5%/ years or more and medium and long-term loans with interest rates of 7%/year or more. For loans arising after July 15, 2021 to December 31, 2021, depending on the specific borrowers and fields, Agribank Khanh Hoa will continue to consider reduction rates. The lending rate reducing program will last until December 31, 2021 and is widely applied at 2,300 transaction points of Agribank nationwide.
|
In addition to reducing lending interest rates, Agribank has launched many preferential credit programs to contribute to realizing the "dual" goal of repelling the epidemic and promoting production, business, recovery and economic development to overcome the impact of the Covid-19 pandemic.
From July 1, 2021, borrowers for production and business of import and export goods can borrow short-term loans at Agribank with the lowest interest rate from 1.7%/year for USD loans and 3.5%/year for VND loans, depending on each loan term.
In addition to applying competitive interest rates, Agribank also offers many other attractive incentives for import-export customers.
The preferential program for import and export customers and the preferential credit program for small and medium-sized enterprises lasts until the end of June 30, 2022 or until the capital for the program is over, applied nationwide.
In order to meet the shopping and daily life needs of customers, especially in the context of economic difficulties due to the Covid-19 epidemic, Agribank spends VND 20,000 billion to implement a consumer loan program with preferential interest rates for individual customers in urban areas.
In addition, in order to contribute to increasing access to banking capital of individuals and families as well as civilized and modern payment services, Agribank is implementing an overdraft loan program via card in agricultural and rural areas up to VND 30 million with the most competitive low interest rates in the market to serve unexpected spending needs of customers such as payment of agricultural materials or payment of public services such as electricity, water, telecommunications, school fees, hospital fees, etc. at POS card machines without cash and without payment fees.
For detailed information about Agribank's preferential credit programs, please contact Agribank Khanh Hoa branch (address: 12 Hung Vuong, Nha Trang city, Khanh Hoa province. Tel. : 0258. 3521384 - 3526681 - 3524408); Agribank branches in Khanh Hoa province or 2,300 transaction points nationwide.
Thu Ha
Translated by T.T
