Saigon-Hanoi Commercial Joint Stock Bank (SHB) has launched a new preferential credit package with lending rates cut by 1.5–2% a year, starting from just 5% a year, for household businesses and enterprises, especially small and medium-sized enterprises (SMEs). The program aims to ease cash-flow costs so customers can fund raw materials, salaries and ongoing operations. With the package launched on Oct. 19, SHB's preferential lending reaches 47,000 billion dong, following 45,000 billion dong allocated since early 2026 and 2,000 billion dong added in mid-August 2026. The bank prioritizes agriculture, exports, supporting industries, high technology, the digital economy, AI and semiconductors, and offers a separate package from 5.5% a year for lecturers and students at some universities.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: SHB công bố giảm lãi suất cho vay tới 2%/năm, triển khai gói tín dụng mới với lãi suất chỉ từ 5%/năm
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SHBinterest ratescreditbusinesses
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Related tickers and likely impact
SHB
▲ Likely positiveSaigon-Hanoi Bank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 52,018 bn VND |
| P/E | 4.3 |
| P/B | 0.69 |
| Close on 10/19/2026 | 10.55 |
| Change that session | -0.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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