Sacombank offers preferential loans at 7.5% interest

by insideout

Sacombank is offering preferential interest rates for loans serving production and business purpose. — Photo courtesy of the bank

HCM CITY — Sacombank is offering loans at low interest rates to individual and corporate customers following the State Bank of Vietnam’s call to reduce rates to support business activities and serve consumer loans.

It offers short-term loans at interest rates starting at only 8.99 per cent to individual customers for business purposes (including agriculture) or consumption purpose.  

It also offers customers payment accounts with their own preferred numbers for free.

Corporate customers who need funds to pay for imports or produce goods for exports or are super VIP customers under the Sacombank Sapphire programme can borrow at just 7.5 per cent interest.

The bank also has a car loan programme under which retail customers can borrow 100 per cent of the cost for 10 years at only 8.5 per cent, the lowest interest rate in the market today. — VNS

Source: Vietnam News/ Vietnam Insider

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