BAC A BANK offers fresh credit programmes

May 17, 2022 | 13:40
In order to facilitate individual consumers to access preferential loans, BAC A BANK has launched a special credit programme with attractive lending rates titled Receiving preferential loans - Realising your life goals.

The State Bank of Vietnam (SBV) and other credit institutions have taken the initiative to advance solutions to assist private individuals and enterprises to weather difficulties and stabilise their production by restructuring, reducing, and exempting interest costs, delaying the payment of debts, and reducing service costs.

BAC A BANK offers fresh credit programmes
Customers can enjoy preferential lending rates with credit packages from BAC A BANK

After social distancing caused by the health crisis, many localities nationwide have gradually resumed their normal activities. The economy is showing signs of recovery and there are rising demands for capital. The SBV reported that as of late December, the economy’s credit increased by 14.6 per cent on-year.

In line with this, BAC A BANK has launched a special credit programme titled Receiving preferential loans – Realising your life goals applicable to loans with collateral. With a total value of up to $217 million, the programme will be implemented until the end of this year at BAC A BANK branches throughout the country.

For medium- and long-term consumer loans such as those for cars, real estate, home construction, study, additional capital, and investing in a business, customers can enjoy very attractive lending rates from only 6.6 per cent a year for the first three months.

Customers with long-term loan needs can choose a preferential loan package with a lending rate of only 9.6 per cent a year for the first 18 months.

If a customer wants to invest in production and business activities in the short term and wishes to obtain loan as additional capital to develop industrial crops, agricultural crops, vegetables, or fruit, BAC A BANK also offers a lending rate of only 6.8 per cent a year.

Customers can choose their loan period based on the lending rates offered and their use plans. BAC A BANK believes that the Receiving preferential loans – Realising your life goals credit package will become a practical and effective financial solution, helping customers to complete their future plans easily and quickly while recovering strongly.

At the same time, BAC A BANK is also implementing a personal credit programme – Low lending rate for quick loans - Business flourishes – applied to short-term loans with extremely attractive lending rates from only 6.6 per cent a year for the first three months.

With simple procedures, and only after the loan contract is disbursed and the contract’s term is up to six months, customers can have the opportunity to supplement their capital to start a business or consolidate production, helping to improve their operational efficiency.

By Thanh Tung

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