Specifically, from June 2024, businesses will be refunded 100% of the bid security fee when issuing a package guarantee at BIDV to implement bidding packages for hospitals, medical facilities, and educational institutions; and will receive preferential interest rates reduced by up to 2% compared to the normal rate. BIDV accepts a variety of collateral assets, including future debt claims from hospitals.

In particular, pharmaceutical enterprises are entitled to a 50% reduction in collateral ratio compared to the normal level when issuing guarantees to implement bidding packages for medical facilities.

In addition to providing working capital to promptly meet business needs, BIDV also offers businesses preferential fees for all banking products and services on BIDV iBank digital banking such as (i) up to 30% reduction in trade finance fees, international money transfer fees, domestic money transfer fees on BIDV iBank; (ii) preferential foreign currency buying and selling rates up to 170 points; (iii) free international money transfer fees. These are attractive preferential policies to support businesses to promote trade finance activities and encourage businesses to conduct transactions through BIDV's digital banking channel.

For businesses that are new customers of BIDV, the program will have additional incentives such as free beautiful account numbers; free account management for the first 12 months from the time of account opening; free annual corporate card fees and cashback up to more than 45% of spending turnover. At the same time, BIDV will refund up to 10 million VND/unit/month for POS and E-merchant services,

Supporting businesses operating in the healthcare and education sectors is one of BIDV's top priorities. Previously, the bank had launched a preferential credit package for pharmaceutical businesses with interest rates reduced by up to 2% compared to the normal interest rate, supporting timely supplementary working capital for production and business activities, expanding the scale and market share of businesses.

With this new comprehensive incentive package, BIDV hopes to help businesses be proactive when implementing bidding packages with medical facilities and educational institutions, quickly providing pharmaceuticals, medical supplies and equipment, and essential educational equipment to people.