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Sacombank enhances loan package for individual customers by $431.18 million

Update: July, 07/2020 - 15:40


Sacombank adds an additional VNĐ10 trillion (US$431.18 million) to its package for preferential loans to individual customers at interest rates starting at 6.5 per cent. — Photo courtesy of Sacombank

HCM CITY — Sacombank has added an additional VNĐ10 trillion (US$431.18 million) to its preferential credit package for individual customers to meet both business and living needs to help restore production and stabilise their lives after the COVID-19 pandemic.

The interest rates start at 6.5 per cent for loans for production and trading and from 7.5 per cent for buying a house or car and other consumption needs.

The preferential loans will be available until August 31 or the package is exhausted.

On July 2, at a bank-enterprises link-up conference, Sacombank earmarked VNĐ1 trillion ($43.1 million) for preferential loans to corporate customers at interest rates starting at 6 per cent to help them to restore and expand their business post- pandemic.

It has so far earmarked VNĐ32 trillion ($1.38 million) to provide loans at preferential interest rates to individual and corporate customers.

For more information, customers can visit the bank’s website at, contact its hotline at 1900 5555 88 or send an email to — VNS

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