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- MB cuts lending rates by up to 2% per year
MB cut lending rates by 1.5% per year from 19/10 for five priority sectors: agriculture and rural areas, export production, small and medium enterprises, supporting industries, and high-tech enterprises, with lending rates starting from 7.9% per year. For some priority cases, MB will consider reductions of up to 2% per year. The bank said the move follows the government's policy and the State Bank of Vietnam's (NHNN) direction, and it is optimizing operating costs by up to 2-2.5% CIR versus 2025 to create room for lower rates. Customers can contact MB's branches or its 24/7 hotline for advice on rate policies and credit solutions.
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