The Bank for Foreign Trade of Viet Nam (Vietcombank - VCB) on September 26 decided to disburse additional three trillion dong in the bank's credit development plan for 2008 to support small-and medium-sized enterprises (SMEs).
According to Vietcombank, with the recently strong increase in the number of enterprises, of which, SMEs account for over 85%, the credit market for SMEs becomes a potential field.
In addition, from October 1, the bank also reduced the dong lending rates whereby the common interest rate is at 19.5% per year. Traditional customers using the bank's combined services and specialising in key sectors will enjoy the special interest rate at 18.525% per year.
Vietcombank disburses 3tr dong to support SMEs
Posted: Friday, October 03, 2008Catalogues: Bank Shares , VietComBank - VCB
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