News · VnExpress

Sacombank offers 7.9% annual loans for import-export and FDI firms

Sacombank is offering a VND 10,000 billion loan package at 7.9% per year to new corporate customers in import-export and FDI, valid until December 31, to fund working capital, supplier payments and year-end orders. It follows a package of nearly VND 100,000 billion launched in August, which carried 8.5-9.5% annual rates. The move comes as import-export turnover for the first 10 months was estimated at 1,010.6 billion USD, up 32.3%, and FDI capital reached 21.07 billion USD as of September 30, the highest for the first nine months in five years. The bank also offers trade finance, letters of credit (LC) and international payment services to help firms manage cash-flow pressure during production and while waiting for payment.

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

Original headline: Sacombank cho vay 7,9% một năm với nhóm xuất nhập khẩu, FDI

Read the original on VnExpress ↗

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MarketVietnam stocks
ExchangeHOSE
SectorBanks
Market cap122,728 bn VND
P/E80.5
P/B1.91
Close on 11/03/202666.60
Change that session+2.30%
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