Sacombank increase in funding and the introduction of new loan packages aimed at supporting the Tet Holiday preparations

15/01/2024

Aimed contributing to the broader economic recovery efforts aligned with Government and State Bank initiatives, on 15/01.2024, Sacombank has enhanced the capital of its production and business acceleration package for enterprises to VND 30 trillion. Additionally, the Bank has introduced two new loan packages for individual customers, totaling up to VND 45 trillion, designed to meet various needs such as production, business expansion, vehicle purchases, and the acquisition or upgrade of household appliances, in anticipation of the Year of the Dragon 2024.

Sacombank has augmented its business acceleration package by an additional VND 10 trillion, raising the total available funding to an impressive VND 30 trillion. This package offers attractive interest rates, including 3% per annum for 1-month terms, 4% per annum for 2-month terms, starting from 5% per annum for 3-month terms, and from 5.5% per annum for terms ranging from 4 to 12 months. This offer remains valid until 31/01/2024.

For individual customers, the bank has increased the initial VND 25 trillion loan package by an additional VND 10 trillion, thus extending the total available to VND 35 trillion at an interest rate of 6% per annum for terms under 12 months and from 7% per annum for medium to long-term loans. Furthermore, a new consumer loan package is available, capped at VND 10 trillion, with a fixed interest rate of 6.5% per annum for terms of 6, 12, or 24 months, available until March 31/3/2024.

The Lunar New Year period is traditionally a critical time for businesses and individuals to secure funding for inventory stocking and production to meet market demand, as well as for personal expenditures during the Tet Holiday. Sacombank's tailored loan packages offer borrowers competitive interest rates, streamlined processing, and high borrowing limits backed by a variety of collateral options. Additionally, customers can enjoy numerous benefits and services, including the option to open a demand account with a customized number, complimentary credit card issuance, and transaction rebates, among others.

For more detailed information, please reach out to the Sacombank hotline at 1800 5858 88 or visit the website at sacombank.com.vn.

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