VND 4,000 billion to support SMEs and business households from SeABank

24/02/2014

In order to support enterprises and business households in taking advantage of economic opportunities in 2014 and supplement capital for business, production, import and export, from now until 31/12/2014 Southeast Asia Commercial Joint Stock Bank (SeABank) launches special preferential credit packages dedicated to small and medium size enterprises (SMEs) and business households with total value of up to VND 4,000 billion, minimum interest rate of 8.5% p.a.

“VND 3,000 billion of preferential credit for SMEs – SME Promotion 2014”

Customers are small and medium size enterprises which have demands for short-term loans in VND and USD with the purpose of supplementing working capital or VND medium-term loan for new asset investment serving for business and production or USD short-term loan for supplementing working capital in the preferential sectors in accordance with SeABank’s business orientation for 2014. Interest rate of loans in VND is from at least 8.5% p.a only.

Preferential enterprises include of: Goods export/ material and completed product production, processing for export; Production and trade of consumer goods, foods, drinks; Oil, petro, gas, power material - fuel - raw material; Electronics and telecommunication; Electro-mechanical equipment and related spare parts and accessories; Pharmaceuticals and medical equipment; Fertilizer; Animal feeds; Education; Aquatic product production and trade; Garment, textile and garment - textile related products; Wood, wood processing, production and trade of products made from wood; Production, purchase, processing, distribution and trade of several agricultural products such as: rice, pepper, cashew, tea, coffee, rubber, etc.

“VND 1,000 billion - SeABank accompanies with Business households – PRO Promotion 2014”

With the aim of meeting loan demands of business households for working capital supplement and fixed asset investment, SeABank implements a preferential credit package of VND 1,000 billion offering VND short-term lending rate from at least 8.8% p.a. only.