MSB is offering preferential interest rates and loan packages to eligible small businesses and enterprises in need of financial support. From now until December 31, 2024, MSB is reducing interest rates by 1% per year for existing small business borrowers, with loan tenures of up to 60 months.
New small business owners can access attractive loan packages, including unsecured credit limits of up to VND 2 billion with interest rates starting from 11.5% per annum, and secured credit limits of up to VND 20 billion at rates from 5.8%. With high credit limits, long tenures, and flexible financing options, MSB is providing a much-needed financial boost to help small businesses recover from recent storms and floods.
For small enterprises, MSB offers competitive credit packages with secured loan limits of up to VND 6 billion at interest rates starting from 4.99%, and unsecured loan limits of up to VND 2 billion at 7.7%. With loan tenures of up to 36 months and various financing options such as supplementary working capital loans, medium to long-term loans, overdrafts, credit cards, and trade finance, MSB is committed to helping small enterprises overcome challenges and recover from storm and flood damages.
The preferential interest rates, streamlined procedures, and online loan accessibility are key advantages of MSB’s credit programs, ensuring a convenient banking experience for its customers.
A representative from MSB shared that this interest rate promotion campaign demonstrates their timely support for small business owners and enterprises during challenging times. MSB is dedicated to standing by its customers through all phases of their journey, contributing to their recovery and sustainable development.
In the spirit of mutual support, MSB recently donated VND 1 billion to assist those affected by Storm No. 3 (Yagi) through the Vietnam Fatherland Front Central Committee. Additionally, MSB will be organizing internal initiatives to raise funds for flood-affected regions, showcasing their commitment to social responsibility and spreading the values of humanity and accountability among its members. Together, they aim to overcome these difficult times.
For those interested in MSB’s loan programs, please visit the registration link or contact the hotline at 19006083 for more information.
Helping Hands for Flood Victims: MSB Offers Reduced Interest Rates on Loans
Marine Bank Vietnam (MSB) is committed to supporting small businesses and households affected by natural disasters. We are pleased to announce a 1% reduction in interest rates on loans for eligible businesses, as we stand united in overcoming challenges and rebuilding livelihoods in the aftermath of storms and floods.
“The Ultimate Guide to Auto Loans: Unlocking the Best Interest Rates in August 2024”
Shopping for vehicles, especially cars, has never been easier with the myriad of attractive interest rate policies offered by banks to lure borrowers. But which banks offer the lowest interest rates?
The New Credit Card Regulations: Unveiling the Latest Updates
The cash withdrawal limit for credit cards is 100 million Vietnamese Dong within a one-month period. This limit is calculated based on the Bank Identification Number (BIN) of the credit card.
The Credit Union Act 2024: Unveiling 4 Pivotal Changes You Need to Know
The new Credit Institution Law no. 32/2024/QH15 comes into force on July 1st, 2024, and brings with it four significant changes. The law tightens lending to large customers and requires the disclosure of shareholders owning over 1% of the charter capital. This new legislation is set to have a profound impact on Vietnam’s financial landscape, with far-reaching implications for both borrowers and lenders. With these changes, a more transparent and stable credit environment is expected to be fostered.
