ABBANK to Lend VND2,000 Bln Soft Loans to Exporters
An Binh Commercial Joint Stock Bank (ABBANK) will lend VND2,000 billion of soft loans to exporters from April 10 to June 30, 2012.
The preferential interest rate will be 2 percent lower than normal rates.
With this credit package, the lender hopes to contribute to export development, help companies to reduce production costs, and enhance competitiveness on the market. This also proves a positive response to the State Bank of Vietnam’s policy on lending rate easing.
Borrowers are exporters of Vietnam’s advantageous products.
Borrowers can use the money to manufacture export-oriented products or settle payment on imports. The lender also accepts various forms of payment like L/C, D/P, D/A, T/T and CAD.
Q.C
Vietnamese
