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OCB provides preferential loans

Dec 11th at 14:08
11-12-2013 14:08:19+07:00

OCB provides preferential loans

Ocean Bank began offering businesses preferential lending rates, as of December 5.

The programme was designed to help businesses develop easier access to loans to pump more working capital into their businesses and production, with an interest rate of 7 per cent per year, which is applied for the first 3 months.

After the grace period, the bank will continue to maintain attractive interest rates for businesses. Depending on the movement of the market, the bank can apply for other incentive programmes, it said.

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