Vietcombank Binh Duong has implemented a financial solution package for FDI businesses

DNHN - The Joint Stock Commercial Bank for Foreign Trade of Vietnam - Binh Duong Branch (Vietcombank Binh Duong) recently organized a seminar at the Convention and Exhibition Center of Binh Duong province to promote a package of financial services for corporate customers. Enterprises in the province have foreign investment capital (FDI). Representatives from the provincial Customs Department, the provincial Tax Department, and more than 60 FDI firms in the area attended the session.

Vietcombank Binh Duong presented corporate credit solutions with loan packages under the favourable program in 2022, with an interest rate of 4.5%/year for VND and 2.4%/year for VND during the seminar. USD; loan product package to accompany and develop with FDI enterprises; interest rate package for medium and long-term loans in VND with fixed interest rates ranging from 8.0% to 10.6% for 1 to 5 years; interest rate support package for enterprises, cooperatives, and business households following Government Decree No. 31/2022/ND-CP...

The seminar also introduced corporate customers to digital banking services such as the VCB-iB@anking service with many modern electronic banking utilities, high security and safety; the VCB CASHUP service provides solutions for cash flow management, payment and management of payables, receipts, and user administration...

The seminar, according to Mr Nguyen Thai Minh Quang, Director of Vietcombank Binh Duong, is a chance for Vietcombank Binh Duong to continue to fulfil its obligations to accompany and help firms in overcoming problems through the "Financial solution package for the FDI industry." As a result, firms may address capital problems, cut operational expenses, and increase production and business activity efficiency.

Vietcombank Binh Duong now has about 8,000 corporate clients and almost 500,000 private customers both within and beyond the province. The branch's total assets and capital reached VND 37,000 billion, and sales of foreign payments and trade finance reached USD 2.7 billion... 

Hoang Thu