In response to the severe damage caused by Typhoon Yagi and widespread flooding and landslides in the Eastern and Western Northern regions, MB has taken swift action. The bank has dispatched teams to assess the situation, offering support and encouragement to affected customers. MB is committed to providing timely assistance to help individuals and businesses in these affected areas get back on their feet.
MB is offering a special discount of up to 1% on interest rates for personal loans, catering to a range of borrowing needs: home construction and repairs, purchasing furniture, business repairs, working capital, and consumer loans. This reduction in interest rates aims to ease the financial burden on those impacted by the natural disasters.
Additionally, MB has launched a preferential loan package of up to VND 2,000 billion with a significant interest rate reduction of 1% per year. This offer is available until December 31, 2024, for customers who need financial support to rebuild their lives after the storms and floods. The loan can be utilized for various purposes, including home repairs, purchasing furniture, business repairs, additional capital for production stability, and consumer loans. The bank also provides flexible credit options such as loans, overdrafts, guarantees, and credit cards to meet diverse customer needs.
MB is committed to more than just interest rate reductions and discounts. The bank is also developing supportive policies, including grace periods for principal and interest payments on loans. Furthermore, MB’s insurance company is expediting procedures to provide timely support and compensation to affected customers.
According to MB’s representative, this interest rate discount program demonstrates the bank’s timely support for individual and business customers during challenging times. “We are dedicated to standing by our customers through all phases of their journey,” they added, “and we are committed to contributing to the community’s sustainable recovery and development.”
In the spirit of solidarity, MB has also donated VND 2 billion to support communities affected by Typhoon No. 3 (Yagi) through the Vietnam Fatherland Front Central Committee. This includes VND 1 billion for Cao Bang province and VND 500 million for Dien Bien province. As part of the “MB contributes one working day” campaign, the MB Trade Union has also called on all bank employees to participate in fundraising through the Thiennguyen.app platform, aiming to provide further assistance to those in need.
With these contributions, MB and the banking sector as a whole aim to provide additional resources to the Party and the State to support communities affected by Typhoon No. 3. This reflects the industry’s longstanding commitment to social and charitable causes. Moving forward, MB will continue to organize various internal activities to support flood-affected areas, demonstrating its responsibility to the community and spreading humanitarian values. For more information, please visit this link or contact the hotline at 1900 545426.
“Government-Backed 2000 Billion VND Loan Scheme to Aid Post-Disaster Reconstruction”
Military Commercial Joint Stock Bank (MB) is offering a special loan package of up to 2,000 billion VND with a 1% reduced interest rate for individuals and households to rebuild their lives after the storms and floods. This generous offer is available for a variety of reconstruction purposes, providing much-needed financial support to those affected by these natural disasters.
The Seafood Industry is Rocked by Storm Yagi
The recent Typhoon No. 3 (Yagi) has wreaked havoc on aquaculture, resulting in a severe shortage of raw materials for seafood processing businesses. The storm’s impact has been far-reaching, with many shipments delayed and left in prolonged storage, potentially affecting product quality and increasing the risk of financial losses for these businesses.
“Resolute in the Pursuit of 7% Growth, Despite the Super Typhoon’s Challenges”
The outlook for Vietnam’s economy remains positive, with forecasts from both domestic and international economic organizations predicting high-growth scenarios that could even surpass the upper target of the 2024 GDP goal. Despite the potential setbacks caused by Super Typhoon Yagi, Prime Minister Pham Minh Chinh remains steadfast in his ambition to achieve a remarkable 7% growth rate for the year.
The Sun Shines Bright, Yet the Wealthy Enclave of Ciputra Remains Flooded.
By the end of the afternoon, following the heavy rain in the early hours of September 16, many areas of the Nam Thang Long – Ciputra urban district in Tay Ho, Hanoi, remained inundated.
“Stay Strong, Northern Vietnam!” – A Journey to Bring Clean Water to Flood-Affected Communities
With a spirit of camaraderie and unity, we go the extra mile, traversing geographical hurdles and braving mountainous terrains and floodwaters, to deliver pure drinking water to those in need.
