“MB Donates Over 14 Billion VND to Support Flood-Affected Communities”

MB, Military Commercial Joint Stock Bank, is actively involved in relief efforts for communities affected by the recent storms. Beyond direct financial contributions to the affected regions, the bank is encouraging its employees to donate to a dedicated charity account managed by the MB Trade Union. Additionally, MB has launched a VND 2,000 billion loan package to support its customers impacted by Storm No. 3, helping them rebuild their lives and get back on their feet.

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On September 17, in Hanoi, the Ministry of Defense donated VND 40 billion to the Vietnam Fatherland Front Central Committee to support people in the Northern provinces to overcome the consequences and damage caused by Storm No. 3. Of this amount, MB contributed VND 10 billion, hoping to help people stabilize their lives and restore production soon.

Colonel Vu Thi Hai Phuong, Vice Chairman of the Board of Directors of Military Commercial Joint Stock Bank (MB) (fourth from left), represents MB with the Ministry of Defense to donate

Previously, with a spirit of mutual affection, MB donated VND 2 billion to support people affected by Storm No. 3 through the Vietnam Fatherland Front Committee, VND 1 billion to the Vietnam Fatherland Front Committee of Cao Bang province, and VND 500 million to the People’s Committee of Dien Bien province…

In addition, after launching the program “Contribute a day’s work – Share with fellow countrymen”, MB Trade Union continues to call on all bank officers and employees to participate in fundraising through the Volunteer Platform (thiennguyen.app) with the desire to contribute and accompany people in the storm and flood areas.

Supporting people to rebuild their lives after storms and floods

In addition to direct support to localities, recently, MB has supported a preferential loan package of up to VND 2,000 billion with a lending interest rate reduction of up to 1% for individual and household business customers with diverse purposes of rebuilding their lives after storms and floods.

MB deploys a VND 2,000 billion package to support customers affected by Storm No. 3 to rebuild their lives

Specifically, MB reduces the lending interest rate by 1% per year compared to the current rate for individual loans from now until December 31, 2024, with diverse loan purposes: construction and repair houses, equip furniture, repair production and business facilities, borrow working capital for production and business, and consumer loans to serve life.

At the same time, the bank also supports diverse forms of credit such as loans, overdrafts, guarantees, credit cards… to help people flexibly use capital according to their needs.

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