SUPER PREFERENTIAL CREDIT PACKAGE FOR SMALL AND MICRO-ENTERPRISES

With the goal of accompanying Vietnamese businesses on the journey to conquering new goals, Vietnam - Russia Joint Venture Bank (VRB) launches a preferential credit interest rate program for small and micro enterprises.

Specific information is as follows:

1. Subject
Customers are small and micro enterprises with revenue not exceeding 100 billion VND/year (including cooperatives, non-business units with revenue...) that meet the criteria prescribed by law.

2. Method of granting
- Short-term loans to supplement working capital;
- Medium - long term loans to invest in fixed assets;
- Guarantee, open L/C.

3. Limit
Maximum 450,000 USD/customer or 10,000,000,000 VND/customer.

4. Loan term
Loan terms are flexible according to customer needs, specifically:
- Loans to supplement working capital according to credit limit: maximum 12 months;
- Medium-term loans: from  more than 12 months to maximum 20 years;
- Guarantee: maximum 84 months.

5. Collateral
- Savings book/Deposit contract/Account balance;
- Real estate;
- Means of transportation.

With competitive, attractive interest rates and simple procedures, quick approval within a maximum of 03 working days from the date of receiving full documents, the preferential credit interest rate program for small and micro enterprises of VRB is an effective and timely financial support, helping enterprises to overcome difficulties and promote growth.

See more details at: https://vrbank.com.vn/vi/chuong-trinh-tin-dung-danh-cho-doanh-nghiep-nho-sieu-nho/

Please contact the nearest VRB Branches and Transaction Offices or Hotline 1800 6656 (free) for more detailed information about the product.