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 Sacombank continues to accompany customers to overcome the impact of covid-19

Sacombank reduces interest rates by 1%/year for corporate and individual customers who have loans at the Bank in industries directly affected by the Covid-19 epidemic such as tourism, travel, transportation, restaurant - hotel - resort, education, health care ..., at the same time, continue to offer incentives/free services, debt structure and reduce the loan interest rate.

This action of Sacombank aims to accompany the Government and the State Bank in implementing drastic solutions to achieve the dual goal of disease control and economic growth in the face of complicated developments of the Covid-19 pandemic in the 4th outbreak with much larger in scope and impact than in previous ones.

Sacombank is also deploying a preferential capital of up to VND 10,000 billion with an interest rate of 4%/pa, a maximum loan term of 6 months for exporters as well as supporting businesses to overcome difficulties in business activities. The preferential capital is applied by the Bank from June 18, 2021 to the end of December 31, 2021 or till the source runs out, whichever comes first. In the near future, Sacombank will continue to offer other incentive packages to further enhance practical solutions to accompany customers.

Since 2020, the Covid-19 pandemic has had a significant impact on the economy and society on a global scale in general and in Vietnam in particular. During the past time, the Government has given timely and drastic instructions to deal with the pandemic situation and still have to ensure economic growth. Following the orientation of the State Bank, Sacombank has applied many customer support policies such as interest rate and service fee exemption and reduction, changed debt structure according to Circular 01 and Circular 03, deployed credit packages Incentives worth thousands of billion VND…