Domestic factoring Archives - Ngân hàng SHB
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SHB signed a cooperation agreement with Vietnam Steel Corporation SHB will reduce 50% of interests payable for the last 4 months of 2024 for customers impacted by typhoon Yagi and flooding, offering a reduced interest rate of just 4.5% per year on new loans SHB Recognized as “Best Bank for SMEs in Vietnam” by Euromoney SHB wins “Outstanding Innovative Banking Product Service Award” SHB Honored as “Vietnam Domestic SME Partnership Initiative of the Year” SHB’s pre-tax profit in the first 6 months of the year reached VND 6,860 billion, fulfilling 61% of the 2024 plan The Bank pays dividends both in cash and shares SHB Named as “Best SME Bank for Sustainable Finance”
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Domestic factoring
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A quick financing solution for goods trading, service provision contracts under deferred payment method

  • Loan in VND or USD
  • Reduce time and manpower to collect receivables
  • High rate of advance with flexible time
  • Competative interest rate, preferential fee.
  • Simple procedure
  • Enterprise which manufactures, supplies the goods specified in the contract subject to factoring a minimum of 12 consecutive months as of the date of factoring
  • Ensure conditions for granting credit/factoring as prescribed by law, the State Bank and SHB
  • Enterprises manufacturing, processing, trading goods under deferred payment.
  • Factoring service Application (under SHB form)
  • Enterprise’s legal documents
  • Documents related to the receivables
  • Documents showing financial position
  • Other documents as required by SHB.

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