HDBank Launches 2% Interest Support Package

Immediately after receiving an instruction from the State Bank of Vietnam (SBV), HDBank instructed and assisted customers to complete necessary procedures for interest support.

HDBank is one of the first banks to quickly implement the 2% interest support program worth VND40 trillion as per Decree 31/2022/ND-CP of the Government and Circular 03/2022/TT-NHNN of the State Bank of Vietnam (SBV).

HDBank has endeavored to make sure that the implementation of interest rate support is open, transparent and lawful, applied to the right subjects, for the right purposes. The lender will prevent risks and balance funding sources for borrowers with good business projects and plans, especially those sectors and fields entitled to interest support as per Decree 31/2022/ND-CP. The process is closely and promptly coordinated by the State Bank and relevant agencies to improve policy effectiveness.

In addition, HDBank's hotline 19006060 works around the clock to receive and answer customers' questions about this interest support package, and guide customers to understand the subjects and conditions of interest support correctly.

Besides, HDBank continues to provide credit, products and services to other customers in line with its business strategy and credit growth targets. In addition to providing 2% interest support loans, the lender also continues to adopt many solutions to support other customers to ease funding burdens.

HDBank always pays attention to credit growth and credit quality control. HDBank is among the banks that have just been given more credit room by the State Bank of Vietnam. This is a favorable condition for HDBank to further lend its customers who are eligible for interest support, bring government and SBV guidelines and policies into practice and boost the outcome of the socioeconomic recovery and development program in 2022-2023.

Source: Vietnam Business Forum