HD Bank offers low-interest loans to individual, micro businesses

Apr 1st at 08:28
01-04-2019 08:28:22+07:00

HD Bank offers low-interest loans to individual, micro businesses

The HCM City Development Joint Stock Commercial Bank (HDBank) will continue to offer loans at 6.3 per cent to individual and micro businesses in manufacturing and agriculture.

 

Customer can borrow a sum of VND300 million (US$13,000) under the programme “Quick borrow for business, quick increase of income” the lender rolled out last year.

The bank will lend until June 20, with the money lent within 10 days.

Borrowers can also opt to get international or domestic credit cards with the annual fee waived.

HD Bank also offers many other kinds of loans, and customers can obtain more information from hotline 19006060.

bizhub



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Gov’t urged to help local banks lure foreign capital

The Government should help Vietnamese banks lure capital and experience from prestigious foreign banks so as to help local firms develop sustainably, experts said.

Interest rates under the pressure of GDP growth

Banks, enterprises and depositors are all concerned about what will become of deposit and lending interest rates.

Japanese firm eyes stake in ailing Vietnamese bank

Japan’s J Trust has expressed interest in acquiring a stake in Vietnam Construction Bank, one of three weakest state-owned banks in the country.

Domestic banks gain CPTPP benefits

The Comprehensive and Progressive Trans-Pacific Partnership is ­expected to bring in fresh opportunities for international banks in Vietnam, as well as possible...

Ministry proposes lowering CIT for SMEs

The Ministry of Finance has proposed cutting corporate income tax (CIT) rates on small and micro businesses from the current 20 per cent to 15-17 per cent.

OCB borrows $100 million from IFC

OCB plans to use an IFC loan to finance lending to smaller businesses and promote innovative finance to improve supply chain linkages in Vietnam.

IFC helps boost lending to SMEs

The World Bank’s International Finance Corporation (IFC) and Orient Commercial Bank (OCB) on Wednesday signed a co-operation deal on a US$100 million credit package...

HDBank unveils $215m credit package to oil retailer

HDBank has launched a credit package for petrol stations of Vietnam National Petroleum Group and PetroVietnam Oil Corporation comprising low-interest loans worth...

Vietnam banks go on enormous hiring drive

Banks are launching major recruitment campaigns, some advertising over 1,000 vacancies and offering monthly salaries of hundreds of millions of dong.

Excise tax on soft drinks imminent

Despite feedback from experts and businesses over the past year, it is likely that the special consumption tax rate on soft drinks stays at 10% in the latest draft...

Bank stocks

Insurance stocks


MOST READ


Back To Top