Sacombank spends VND1 trillion to support businesses to develop


On 28/2/2023, Sacombank signed a credit contract for a total capital of VND1 trillion with a preferential interest rate reduced by an average of 2% per year in comparison with the normal interest rate in order to remove difficulties in capital for businesses, supporting production and business development.

This activity was within the framework of the 2023 Conference on Connecting Banks - Businesses in HCMC region held by the HCMC Department of Industry and Trade in collaboration with the SBV - HCMC Branch with the attendance of 11 commercial Banks in the area and representatives of nearly 50 businesses. 4 of them are customers of Sacombank.

Sacombank has been participating in this conference since 2012 as well as accompanying the recovery and expansion of production and business and has spent more than VND20 trillion on preferential loans to support businesses to continue to maintain and develop the business.

Recently, the Bank has deployed a preferential capital of VND5 trillion with a preferential interest rate of only 7.5% per year for corporate customers who need funds to pay for imports or produce goods for exports or are super VIP customers under the Sacombank Sapphire policy.

In addition, Sacombank has deployed modern banking services such as opening online accounts with electronic identification (eKYC), international remittance, salary payment inside/outside the system, look up international payment transactions via SWIFT GPI, etc. to help businesses optimize cash flow, access digital financial methods, increase competitiveness as well as be proactive in management.