BIDV launches support program for medical staff

The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has just launched a program named "Accompanying the health sector, joining hands to overcome the pandemic” to support medical staffs at hospitals and medical facilities nationwide.

The special preferential credit – service package is applicable to medical staffs at hospitals and medical staff nationwide who have entered into a labor contract with a term of 1 year or more. The program will be implemented until 31 December 2022. It offers outstanding incentives and most favorable procedural conditions in accordance with the provisions of law, specifically:

- Unsecured personal loan package of VND5,000 billion with lending interest rate fixed at 1%/year for the first 24 months and loan amount not exceeding VND50 million per medical staff.

- Home loan package of VND20,000 billion with lending interest rate fixed at 5.5%/year for the first 24 months. Customers may opt for interest rate reduction on their existing loan or on a new loan.

- Retail banking products and service package: 100% waiver of fees including intrabank and interbank money transfer, account management…

On this occasion, BIDV also sponsored 100,000 sets of personal protective clothing of high standards in accordance with the regulations of the Ministry of Health. They will be sent to hospitals and medical facilities in localities where social distancing is being implemented in accordance with the Prime Minister’s Directive No.16.

Reported by Thanh Hong-Translated by Kim Tin

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