Sacombank to receice the “Best Bank for SMEs in Vietnam” award

29/09/2021

For being an outstanding companion of entrepreneurs, Sacombank was honourably named the “Best Bank for SMEs in Vietnam” by Asiamoney magazine. The award proves Sacombank’s continuous efforts of initiating products and technologies enhancement, providing optimum solutions to meeting SMEs’ various demands for finance, transactions, cashflow management etc., which effectively supports the growth of the Asia’s finance.

After 30 years of establishing and developing, Sacombank becomes one of the 5 major banks in Vietnam with a high charter capital and wide network. Sacombank is highly appreciated in meeting the criteria of this year’s strategy of increasing investors, customers, service quality with a view to social goods and global economy’s growth in the context of Covid-19 pandemic. In 2021, Sacombank has implemented many solutions to entrepreneurs such as preferential loans worth up to VND 10,000 billion with the interest rate from 4%/year, loan rate reduction, big promotion campaigns. In recent, Sacombank has reduced the business loan interest rate of up to 1% alongside with many fees offers including free Internet Banking and Mobile Banking fees, Business cards’ first-year annual fee and management fees, payroll service fee; free and reducing fees of international and domestic funds transfer, trade finance, guarantee service etc. depending on enterprise size.

Before that, Sacombank won the “Digital Banking Initiative of the Year – Vietnam” award held by the Asian Banking & Finance magazine thanks to its high concentration on developing modern technology platform, implementing information systems projectst with total investment worth up to hundreds of billions of dong.