Agribank lends for investment in production and business with preferential interest rates from only 35%/year

In order to continue supporting more and more customers to access preferential loans from Agribank for economic development, Agribank continues to allocate more than 100,000 billion VND in preferential capital to serve individual customers to invest in production and business. Accordingly, from now until October 31, 2024 or until the program's budget is reached, individual customers can borrow capital for production and business with interest rates from only 3.5%/year for short-term loans and from only 6.0%/year for medium and long-term loans. This is a preferential interest rate 1.5%/year lower than Agribank's current lending interest rate floor. In addition to the preferential credit program for individual customers investing in production and business, Agribank also offers many other preferential capital sources to serve individual customers with consumer loans to meet their living needs, overdraft loans, early repayment of loans at other banks, loans via credit cards, loans for production and business of OCOP products, etc. with competitive and flexible interest rates. In order for Agribank's capital to reach a large number of customers quickly, Agribank has improved its lending processes and procedures, and continued to deploy technological solutions in the lending process to speed up the processing time and minimize procedures. At the same time, Agribank continues to develop attractive preferential credit programs with diverse interest rates, subjects, and loan purposes to support and accompany customers in removing obstacles, unblocking capital flows to help customers do business effectively and sustainably and create momentum for the economy in the last months of 2024. Source: https://baodautu.vn/agribank-cho-vay-dau-tu-san-xuat-kinh-doanh-voi-lai-suat-uu-dai-chi-tu-35nam-d221708.html