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SHB offers $133 million in preferential loans

Jun 30th at 10:31
30-06-2016 10:31:58+07:00

SHB offers $133 million in preferential loans

Sai Gon–Ha Noi Bank (SHB) has reserved VNĐ3 trillion (US$133.3 million) for customers seeking liquid capital for a term of six months between now and September 30.

 

The loan package is accessible nationwide, with a preferential interest rate of between 7 per cent and 9 per cent per year.

The bank said the programme would be applied to customers seeking funds for medicines and pharmaceuticals, rubber, plastic, fertilisers and chemical substances.

It will also be applied to computing and telecommunications equipment, garments and textiles, footwear, farm produce and food.

Based on the bank's development strategies, small- and medium-d enterprises are reportedly among its target customers.

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