News · CafeF

BIDV cuts lending rates by up to 2.0% per year

BIDV has launched a preferential credit program offering lending rates from 6.0% per year, up to 2.0% lower than its usual rates depending on loan term and sector. The program applies system-wide from October 15, 2026, to short-term VND loans in sectors aligned with government priorities, subject to the program's conditions and BIDV's credit rules. The bank says it aims to help customers access capital at reasonable cost to boost production and business, especially during the year-end peak of 2026, and to anticipate government and State Bank direction on lowering lending rates. Customers can contact BIDV branches or transaction offices for advice.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: BIDV giảm lãi suất cho vay tới 2,0%/năm

Read the original on CafeF ↗

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BIDinterest ratescreditbanks

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Related tickers and likely impact

BID

▼ Likely negative

BIDV

Relevance: medium

MarketVietnam stocks
ExchangeHOSE
SectorBanks
Market cap264,071 bn VND
P/E8.2
P/B1.39
Close on 10/16/202633.95
Change that session+2.26%
BID price, forecasts and signals →

VNINDEX

▲ Likely positive

Relevance: low

MarketVietnam stocks
Close on 10/16/20261,705.91
Change that session+0.45%
VNINDEX price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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