ABBank Provides Soft Loans in HCM City
An Binh Commercial Joint Stock Bank (ABBANK) will provide soft loans for businesses and business households in Ho Chi Minh City from September to October, 2013.
The lender has approved 23 borrowing applications submitted by companies engaged in many different industries. The total lending quota is VND162.1 billion, mainly short-term loans.
The preferential rate is only 9 percent per annum. Local businesses and households may be given lower rates in order to provide a strong boost to production and business activities in the last months of 2013.
An ABBANK representative said: "ABBANK is always ready to advise and assist businesses to access cheap capital. In addition, apart from business-accompanying programmes, ABBANK proactively and successfully approaches customers and increases credit-based loans.
Q.C
Vietnamese
