Home Finance

Viet Capital Bank offers SMEs unsecured loans

May 26th at 16:51
26-05-2016 16:51:45+07:00

Viet Capital Bank offers SMEs unsecured loans

Viet Capital Bank will provide loans worth VND1 trillion (US$44.8 million) without mortgages to small and medium-d enterprises.

 

SMEs and super-small firms in processing, manufacturing, and construction that have been in operation for long, achieved good business growth and satisfy the bank's requirements with regard to payment history are eligible for the loans.

They can borrow up to VND1.5 billion ($67,264) on easy interest terms and also avail many of the bank's services for free.

The loans are available at all the bank's branches around the country.

bizhub

MOST READ

NEWS SAME CATEGORY

SBV advised to raise dollar deposit rate
FINANCE May 26th at 13:23

SBV advised to raise dollar deposit rate

The central bank should evaluate the possibility of raising the interest rate on US dollar deposits instead of keeping it at zero per cent as it currently is to...

Second Eximbank AGM inconclusive
FINANCE May 26th at 10:05

Second Eximbank AGM inconclusive

The second annual general meeting of Eximbank has ended up in chaos on May 24, as the lender’s board of directors and shareholders have once again failed to find a...

Bank card market sees strong growth
FINANCE May 26th at 10:01

Bank card market sees strong growth

The bank card market in Viet Nam has seen remarkable development in all activities of issuance, payment, card usage, and network growth over the past few years.

Fed raising interest rate to have negligible effect on USD/VND exchange rate: experts
FINANCE May 25th at 13:34

Fed raising interest rate to have negligible effect on USD/VND exchange rate: experts

The Federal Reserve’s possible raising of the interest rate in June may not cause the USD/VND exchange rate to fluctuate too much, according to some experts.

PVcomBank finances power project
FINANCE May 25th at 13:19

PVcomBank finances power project

The Viet Nam Public Bank (PVcomBank) will lend the PetroVietnam Power Corporation (PVPower) VND2 trillion (US$88.9 million) to develop a power project.

Panama papers trigger tax probes
FINANCE May 24th at 13:50

Panama papers trigger tax probes

Localities have expressed high hopes for the tax office’s investigation into the affairs of Vietnamese citizens linked to the Panama Papers leaks.

ANZ wins Best Trade Finance Bank and Best Trade Finance Client Solution awards in Vietnam
FINANCE May 24th at 08:25

ANZ wins Best Trade Finance Bank and Best Trade Finance Client Solution awards in Vietnam

ANZ has been awarded “Best Trade Finance Bank in Vietnam” and “Best Trade Finance Client Solution in Vietnam” in The Asset’s Triple A Treasury, Trade and Risk...

Banks defend bailout of Hoang Anh Gia Lai
FINANCE May 23rd at 13:56

Banks defend bailout of Hoang Anh Gia Lai

The State Bank of Vietnam’s decision to help Hoang Anh Gia Lai Group overcome its enormous debts has sparked a controversy among market players.

Deposit interest rates under pressure to increase
FINANCE May 23rd at 13:41

Deposit interest rates under pressure to increase

Pressure from ensuring liquidity, meeting rising credit demands and purchasing Government bonds has caused commercial banks to hike their savings interest rates to...

Large banks want foreign owner cap to be increased
FINANCE May 21st at 14:06

Large banks want foreign owner cap to be increased

Large banks have asked the Government to increase the cap for foreign stakeholders in the banks from the current stipulated 30 per cent to more than 40 per cent.

Read More

Bank stocks

Insurance stocks

MOST READ

Back To Top