Additional VND75 trillion loans of low rates for individuals

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In order to meet the needs of individual customers for production and business loan, from 1 July 2021, BIDV expands its loan package by VND75 trillion (USD3.3 billion), to reach VND135 trillion (USD5.9 billion).

Accordingly, from now until the end of 30 September 2021 or until the package is fully disbursed, customers will continue to enjoy a preferential interest rates from only 5 percent p.a for loans with term of less than 6 months or from only 5.5 percent p.a. for loans with terms from 06 months to 12 months.

Adding more capital to the market at this period time will help individual customers easily access preferential capital, promote production and business activities that are on the verge of recovery after a new wave of Covid-19 pandemic and give hope to customers in locations still heavily affected by the pandemic.

Customers who borrow capital for production and business during this time will simultaneously be eligible for many attractive incentive programs, other products and services such as e-banking, insurance, deposit,... for an effective management of personal account such as: incentives for registration and use of BIDV SmartBanking; free online money transfer and many other fees when signing up for the B-Free package “More than free”; get VND2 million (USD87) immediately when you register for a Platinum international credit card and spend VND5 million (USD217) within 30 days of the issue date, and many other incentives.

Since the beginning of 2021, BIDV has disbursed more than VND100 trillion (USD4.3 billion) loans with an interest rate of only 5 percent p.a. for individual customers. The loan package has quickly closed before the due date.