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 Sacombank continues to donate VND 50 billion to fight against Covid-19

Within the visit of President Nguyen Xuan Phuc's on the reality of Covid-19 epidemic prevention and control in Ho Chi Minh City on July 30, 2021, Sacombank continues to spend VND 50 billion to accompany agencies departments in preventing and overcoming the effects of the pandemic, including VND 30 billion in Ho Chi Minh City, VND 5 billion and 5 ventilators in Hoc Mon district (HCMC), VND 5 billion and 5 ventilators in Cu Chi district (HCMC), VND5 billion in Binh Duong province.

Also in July 2021, Sacombank donated 15,000 Covid-19 quick test kits worth more than 2 billion VND to the Center for Disease Control of Ho Chi Minh City; donated 132,000 N95 medical masks worth nearly VND1.3 billion to a number of agencies, hospitals, People's Committees, Vietnam Fatherland Front Committee in Ho Chi Minh City; awarded an investment amount for equipment worth VND1 billion to the People's Committee of Go Vap District to serve the vaccination campaign; donated VND200 million to the Vietnam Fatherland Front Committee in District 3 and VND30 billion to the Vietnam Fatherland Front Committee of Long An province.

Previously, Sacombank contributed VND10 billion to the Covid-19 Vaccine Fund established by the Prime Minister and spent VND10 billion to accompany organizations such as the Vietnam Fatherland Front Committee, the Department of Health, Labor Confederations, Red Cross... in provinces and cities across the country in the implementation of Covid-19 prevention and control.

In addition to supporting the pandemic prevention and control, Sacombank has just implemented a 1% annual interest rate reduction for corporate and individual customers who have loans at the Bank in industries directly affected by the Covid-19 pandemic such as tourism, travel, transportation, restaurants - hotels - resorts, education, healthcare, etc., at the same time, continue to offer incentives/free services, debt structure and decrease adjustment lending interest rate bracket. The bank is also deploying a preferential capital of up to VND 10,000 billion with an interest rate of 4% p.a, with a maximum loan term of 6 months for exporters as well as supporting businesses to overcome difficulties their business activities.