Doing Business at Home, Getting Incentives at HDBank

9:41:00 AM | 23/9/2020

Proactively applying optimal financial solutions for individuals and micro-enterprises, HDBank launched a preferential credit package where a customer may borrow up to VND2 billion carrying an interest rate of just 8.6% per annum.

On September 11, 2020, to extend its preferential loan programs for individual customers and micro-enterprises, HDBank launched the credit package called “Doing business at home, getting incentives at HDBank” where customers can borrow up to 60 months if they have business locations/estate. At the same time, HDBank reduced the fee for premature capital withdrawal and loan repayment.

Accordingly, customers will be assisted to borrow loans at HDBank in the fastest and most flexible manner. In particular, loan applications are streamlined and simplified for existing customers, agents, distributors and retailers selling HDBank associated products, experienced customers and borrowers doing business at home.

Previously, HDBank also had preferential credit programs for tenants like “Rent a house without worry, be confident in business, borrow now despite COVID”, “Green Card for Vietnamese families” for individual customers and households installing rooftop solar panels.

Accompanying customers, sharing difficulties, providing timely support for small and medium-sized enterprises, individual customers and households to do stable business to overcome the COVID-19 pandemic, since the beginning this year, HDBank has deployed many soft credit packages to support customers. The bank has lent VND24 trillion to SME customers, VND10 trillion to micro enterprises, business households, and individual customers. HDBank has also exempted or reduced transaction fees for customers to cope with the COVID-19 pandemic.

In addition, HDBank has launched many modern technology application services, increased convenience and experience for customers making transactions on mobile banking and Internet banking. HDBank has increasingly digitized processes, products and services toward a digital, paperless bank: Online transactions such as loans can be approved via HDBank mobile application, opening savings online brings in higher interest rates than at the counter; using online savings products and digital banking services on MISA accounting software and online customer information authentication (eKYC) on the application helps customers to make transaction immediately, safely and securely.

Source: Vietnam Business Forum