ABBANK Supports Corporate, Personal Borrowers
An Binh Commercial Joint Stock Bank (ABBANK) will reduce 1.5 percent of lending interest rates for corporate and personal borrowers from August 22 to December 31, 2011 to do business.
Also in the “Strong finance - Strong business”, ABBANK joined hands with Saigon Ford Co., Ltd to provide soft loans for car buyers in Ho Chi Minh City. Specifically, buyers of Ford Focus will enjoy a 1 percent discount in interest rate in the first year if they borrow at ABBANK from September 1 to November 30, 2011.
ABBANK is committed to confirm borrowing documents with two working days. Saigon Ford also offers many incentives for car buyers borrowing money from ABBANK.
As of end July 2011, the lender’s outstanding loans totalled over VND17,959 billion, up 11 percent over the same period in 2010. The bank lent VND13,548 billion to corporate borrowers and VND4,412 billion to personal customers in the first seven months. Its deposits reached VND27,021 billion, up 29 percent year on year.
Q.C
Vietnamese
