This program aims to meet the demand for short-term working capital of corporate customers, especially new customers/customers who used to use Bank’s loan and traditional customers who have used a variety of SHB’s products and services and operating in potential sectors under SHB’s credit growth orientation.
The program starts from March 08, 2017 to June 30, 2017.
- Preferential rate: only from 4% p.a. in up to 6 months.
- Loan tenor: up to 12 months.
- Various types of collateral in conformity with legal regulations.
- Lending methods: bullet loan, credit line.
- Loan currency: Vietnam dong
- Program’s limit: VND3,000 billion
- Simple procedures and applications
- Express application processing
Target customers and conditions
- Customers of corporate segment defined by SHB and applying for short-term loan for business purposes.
- Loans are secured by collateral in conformity with SHB’s provisions and legal regulations.
- Customer must commit to transferring revenue collected from their loan-related business activities to customer’s account opened at SHB.
- Customer must use SHB’s products and services.
- Following SHB’s current regulations on lending and credit extension.