SeABank offers VND 2,000 billion for financing SMEs and Business households

The program starts from now until 31/12/2013 or when the fund is used up. Eligible customers are small and medium enterprises (SME) and business households in need of short-term loans to supplement working capital for production and business in the recommended sectors under SeABank’s business orientation for 2013.

Accordingly, enterprises in the fields of export products; production, processing, pharmaceuticals and medical equipments; petroleum, gas, fuels, textiles, fibers, leather shoes will be entitled to interest rate from 9.9% p.a for the first three months of the loan tenor in maximum and free charge for all domestic money transfer revenue corresponding to the disbursement amount.

Enterprises in the field of production of consumer goods; electronics and telecommunications, fertilizers, animal feed, wood and wood processing, production, sale, purchase, processing and local distribution of some agriculture products and industrial plants will be offered interest rate from 11% p.a for the first three months of the loan tenor in maximum and free charge for all domestic money transfer revenue corresponding to the disbursement amount.

Mr. Dang Bao Khanh – General Director of SeABank said that: “The beginning of the year is the time when Vietnamese enterprises need more capital for their business, import, export activities to seize new growth opportunities. Through this VND 2,000 billion credit package, SeABank intends to create the most favorable conditions, simplify procedures so that customers can have easy access to the Bank’s capital and expects to develop business and production with enterprises and business households, to enhance growth and create new motivation for the economy”.

Customers who are interested in products and services of SeABank can contact the nearest outlet of SeABank all over the country, call the Call Centre 1800 555 587 (toll free) or visit www.seabank.com.vn for more further information and free advice.