The economic landscape in 2024, despite facing numerous challenges, is seen optimistically by many experts as the breakthrough year, building on the achievements of 2023 and the prospects of both domestic and foreign investments. Additionally, the declining interest rates in recent times have stimulated the demand for loans from businesses.
In this context, VietinBank has introduced the STEP UP – Fast-paced Business Loan Incentive Package to timely assist enterprises in seizing business opportunities, expanding production, and taking a leap forward in their operations. It is noteworthy that the program has an enormous scale of up to 300 trillion VND, available from January 2024 to the end of April 2024.
The interest rates of the STEP UP package are extremely favorable, starting at only 5% per year for short-term loans in Vietnamese Dong. In particular, this special and competitive interest rate is prioritized for export-import businesses that utilize a diverse range of products and services at VietinBank, transfer export revenue to transactions at VietinBank, and customers operating in priority sectors as per the direction of the Government and the State Bank.
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With STEP UP, VietinBank is among the rare banks in the market with strong financial capacity to implement large-scale credit programs, covering all segments, from SMEs, large enterprises to FDI enterprises, with such favorable interest rates. STEP UP also demonstrates VietinBank’s commitment to accompany businesses in overcoming market challenges, providing opportunities for businesses to access affordable capital, and reducing financial pressure to focus on accelerating their business.
In addition to the large-scale interest rate incentives, VietinBank continuously streamlines processes, simplifies documentation, and facilitates businesses’ quick access to capital. With a network of 155 branches and nearly 1,000 transaction offices spread across 63 provinces and cities nationwide, along with a team of professional and highly qualified personnel, VietinBank is always ready and reliable in supporting the business community in every stage of development.
Enterprises interested in VietinBank’s credit programs can contact the dedicated Customer Service Hotline for Enterprises: 1900 558 886 or the nearest VietinBank Branch/Transaction Office.
(*) The program is subject to the regulations and conditions of VietinBank in each period.
Businesses can open a payment account here.
