VietinBank lends to businesses to repay debts before maturity from other banks with interest rates from only 6.0%/year

11/15/2023 16:45 PV Print article

ANTD.VN - Enterprises that need to borrow capital from VietinBank to pay off debts early from other banks will enjoy a special preferential interest rate, from only 6.0%/year.

Accompanying the business community, VietinBank has implemented a policy for corporate customers to borrow capital to repay debts early at other banks with preferential interest rates. This is a practical policy to support businesses to recover production and business, in response to Circular 06/2023/TT-NHNN of the State Bank of Vietnam .

Specifically, businesses will enjoy preferential interest rates from only 6.0%/year for short-term loans and only from 7.8%/year for medium-term and long-term loans. Businesses can borrow up to 100% of the principal balance with a term corresponding to the remaining term of the old loan.

The program applies to businesses that need to borrow capital to repay debts early at other banks or foreign loans, fully meeting the conditions as prescribed by VietinBank. At the same time, VietinBank also streamlines documents and procedures to help businesses easily access this attractive loan package.

In recent times, VietinBank has continuously adjusted interest rates many times for businesses, with preferential interest rates for businesses by segment such as: Small and medium enterprises (SME); by industry such as: Import and export, renewable energy industry... to support businesses in accessing cheap capital and expanding production and business.

VietinBank is currently one of the leading banks with a nationwide network and the capacity to provide capital for large, key projects of the country. By participating in VietinBank's loan program to repay other banks' debts in advance, businesses not only enjoy preferential interest rates; but also receive professional, dedicated advice from VietinBank. This policy demonstrates VietinBank's commitment to always accompany the business community in every stage of development.

For more information about the program, please contact VietinBank branches/transaction offices nationwide or Customer Support Center: 1900 558 868; Email: contact@vietinbank.vn.

Note: The program applies according to VietinBank's regulations from time to time.

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