Sacombank cuts lending rates applicable to five priority areas


Following the policy of promoting the socio-economic development for the last 6 months of 2017 from the Government and the State Bank of Vietnam (SBV) in accordance with Decision No. 1425/QD-NHNN dated 7/7/2017 issued by the SBV, Sacombank offers VND1,000 billion credit package with the interest rates for short-term lending of maximum 6.5% p.a to meet the need for capital from customers, applicable to five priority areas including agriculture and rural development, export goods manufacturing, small and medium-sized enterprises, supporting industry, and hi-tech enterprises from July 10th 2017.

Besides, Sacombank launches VND1,000 billion preferential credit package serving rural development (until September 30th 2017) for individual customers doing businesses in agriculture sector and applying high-tech with lending rates from 8.5% p.a for the first 6 months applicable to short-term loans and from 9% p.a for the first 12 months applicable to mid-term loans.  
Given lending rates cut, capital will be allocated to individuals, enterprises doing businesses in 5 priority areas timely and faster; hence, help to cut interest cost, enhance business activities efficiently and expand market shares as well. It is forecast that total loans of Sacombank to customers in 5 priority areas at the end of 2017 will be double that of the first six-month of 2017.   
For more information, please visit , or call us at 1900 5555 88 (Sacombank Customer Services Center 24/7), or email to