Saigon Thuong Tin Commercial Joint Stock Bank or Sacombank officially applied a new interest rate benchmark ranging between 14% and 16% pa after SBV adjusted down the basic rate to 11% pa on Nov 20.
Also, the bank launched a series of support programmes for Vietnamese businesses, such as VIP customer care, lending the dong with US dollar loan rate, and discount of international payment fee.
Nov 22, 2008
Sacombank reduces lending rate
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