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VietNamNews

Preferential interest rates offered to home businesses

Update: August, 29/2012 - 11:14

HA NOI — OceanBank has started offering short-term loans with preferential interest rates to household businesses.

Borrowers will be offered working capital at preferential interest rate of 14 per cent per year in the first three months and thereafter at the bank's normal lowest interest rate. This year, the bank is required to target a credit growth rate of 27 per cent. — VNS

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