Home Finance

LienVietPostBank's credit plan encourages business operations in December

Dec 11th at 13:27
11-12-2014 13:27:39+07:00

LienVietPostBank's credit plan encourages business operations in December

LienVietPostBank will give VND4 trillion, or about US$188 million, in credit at 6.5 per cent interest per year to encourage businesses to expand operations and promote consumption in December.

The credit package aims to alleviate the financial difficulties faced by businesses at the end of the year, and promote consumption before the Lunar New Year.

The interest rate will remain unchanged for one year.

The target customers include individuals who want to buy houses and cars, and enterprises that have feasible business plans and stable operations.

Lien Viet Post Bank is also the first bank in Viet Nam to use Rap reading to spread awareness about their promotions among customers.

bizhub

MOST READ

NEWS SAME CATEGORY

Transport leads ODA disbursement
FINANCE Dec 10th at 13:30

Transport leads ODA disbursement

Sizable transport infrastructure projects in Vietnam have been doing sterling work in terms of official development assistance fund disbursement in the year to date.

Banks change CEOs while crossing the stream
FINANCE Dec 10th at 13:28

Banks change CEOs while crossing the stream

Commercial banks have seen significant changes in leadership regularly over the last two years.

Vingroup named Vietnam’s seventh biggest taxpayer in 2014
FINANCE Dec 10th at 13:22

Vingroup named Vietnam’s seventh biggest taxpayer in 2014

Vingroup was ranked seventh among Vietnam’s biggest taxpayers in 2014 according to results announced on December 2.

Governor appoints new State contribution representatives from VCB
FINANCE Dec 10th at 13:16

Governor appoints new State contribution representatives from VCB

 The governor of the State Bank of Viet Nam has appointed Nghiem Xuan Thanh, chairman of Vietcombank (VCB), to represent 40 per cent of the State's contribution to...

SBV issues new guidelines for foreign investors
FINANCE Dec 10th at 13:13

SBV issues new guidelines for foreign investors

Foreign investors must be committed to a long-term attachment in terms of interest in domestic credit institutions, if they want to buy stakes and become strategic...

Manulife Vietnam enters in bancassurance partnership with Mekong Housing Bank
FINANCE Dec 9th at 15:19

Manulife Vietnam enters in bancassurance partnership with Mekong Housing Bank

Manulife Vietnam, a leading life insurer in Vietnam, and Mekong Housing Bank (MHB), last week signed a three-year bancassurance partnership that will enable...

BIDV gives $35-million loan to VSIP Quang Ngai
FINANCE Dec 9th at 15:05

BIDV gives $35-million loan to VSIP Quang Ngai

 The Bank for Investment and Development of Vietnam (BIDV) gave a US$35-million loan to the Vietnam Singapore Industrial Park (VSIP)'s Quang Ngai Integrated...

State Bank sold $1.5 billion to stabilize dong value
FINANCE Dec 8th at 14:38

State Bank sold $1.5 billion to stabilize dong value

The State Bank of Vietnam (SBV) has sold dollars to commercial banks in an effort to stabilize the dong/dollar exchange rate amid the year-end dollar demand...

Customs budget revenue exceeds annual target
FINANCE Dec 8th at 14:15

Customs budget revenue exceeds annual target

The General Department of Customs' budget revenue as of November 26 reached VND225.4 trillion (US$10.6 billion) or 100.6 per cent of the 2014 target.

Outstanding loans grow by 10.22% in 11 months
FINANCE Dec 6th at 13:56

Outstanding loans grow by 10.22% in 11 months

The total outstanding loans of Viet Nam-based credit institutions increased by 10.22 per cent in the first 11 months of 2014 over that of end-2013.

Read More

Bank stocks

Insurance stocks

MOST READ

Back To Top