SACOMBANK proactively cuts lending rates by 2% to support businesses

2% interest rate cut for import-export customers

Specifically, SACOMBANK is committed to implementing the Prime Minister’s and the State Bank of Vietnam’s directives by launching a preferential credit package for import-export customers, based on a loan portfolio of nearly VND 100 trillion for this customer segment at SACOMBANK. Effective from 13 August 2026, the program offers a 2% interest rate reduction to both new and existing customers through 31 December 2026. Accordingly, SACOMBANK will proactively narrow its profit margin from approximately 2.79% to 0.79% to support businesses, promote import-export activities and contribute to economic growth.

Focusing resources on import-export customers is also aligned with SACOMBANK’s strategy of leveraging its strengths in providing financial solutions for manufacturing, business operations and international trade.

Additional VND 10–15 trillion in preferential credit for key customer segments

In addition to the program for import-export customers, SACOMBANK is implementing preferential credit programs for priority sectors, household businesses and foreign-invested enterprises (FDI), with a total credit scale of VND 10–15 trillion.

Interest rates are expected to range from 8.5–9% per annum, tailored to each customer segment, loan tenor and prevailing market conditions.

SACOMBANK will implement these programs based on a balanced assessment of funding sources, the economy’s capital absorption capacity, actual effectiveness and operational safety requirements. On this basis, the Bank will consider further expanding the programs to better meet the capital needs of businesses and priority customer segments.

According to Mr. Loic Faussier, SACOMBANK’s CEO, interest rate reductions need to be implemented on the foundation of improved operational efficiency and sustainable cost control.

“SACOMBANK fully supports the policy of lowering lending rates, reducing businesses’ cost of capital and supporting economic growth. The Bank is simultaneously reducing costs, optimizing operations, accelerating digital transformation and improving labor productivity to create greater room for further interest rate reductions, thereby translating these efficiency gains into more competitively priced credit products for customers.”

Alongside preferential credit programs, SACOMBANK continues to develop an ecosystem of digital financial solutions, cashless payment services and cash flow management tools, helping customers optimize transaction costs, improve operational efficiency and take greater control of their cash flow.

Through proactively implementing preferential credit programs, SACOMBANK continues to affirm its role as an important channel for capital to flow into the economy, focusing resources on production, business activities and emerging growth drivers. At the same time, the Bank remains committed to accompanying businesses, household businesses and individuals as they expand their operations, strengthen competitiveness and pursue sustainable growth.