VietCapital deploys loan package of VND9 trillion for enterprises

Following its activities to support enterprises facing difficulties in production and business, due to the impact of Covid-19 pandemic, Viet Capital Bank (VietCapital) has deployed a loan package of VND 9 trillion with the preferential interest rate reducing to 2%, especially for small and medium-sized enterprises (SMEs).

Accordingly, based on the current situation of enterprises and their specific level of influence from the pandemic, the bank will offer appropriate solutions such as reducing interest rates for short-term, medium- and long-term loans to 2%/year, structuring payment terms, making fee reduction, etc. In addition, the bank’s procedures have also been improved to be simple and quick in order to speed up the process of loan disbursement, helping enterprises to get access to loans soon.

Especially, for construction enterprises that are facing difficulties when the price of construction materials is high, VietCapital has also reserved a support package of VND 800 billion for them with  interest rate at 7.5 %/year, guarantee fee decreasing by 55% and other service fees by 10-20%...

Reported by Truc Huynh-Translated by K.T