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Vietbank cuts interest rates to share burdens and support businesses and individuals

Vietbank is launching a VND 3,000 billion preferential credit package with interest rates at least 1.5% per year lower than usual, effective from October 19, 2026 until June 30, 2027 or until the quota runs out, and cutting deposit rates by 0.5% per year for terms of 6 months or longer. The move is in line with government and State Bank directives to lower lending rates, after Deputy Prime Minister Nguyễn Văn Thắng asked for cuts of 1.5–2% for production, business and priority sectors. A separate VND 600 billion quota for agriculture, forestry and fisheries carries rates at least 1% per year below the average short-term lending rate, fixed for the loan term. For home buyers, the An Cư Thịnh Vượng package finances up to 100% of capital needs with terms of up to 30 years, while the bank also waives or reduces some service fees.

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

Original headline: Vietbank giảm lãi suất, chia sẻ và đồng hành cùng doanh nghiệp và người dân

Read the original on CafeF ↗

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