SeABank reduces lending rate

17/01/2008

From 1/10/07, SeABank will adjust the lending rate to their borrowers. All of lending items for individual and corporate customers will be greatly cut down from the previous rates to make SeABank one of the banks with the most favorable lending rate in the market. The customers will be able to flexibly access a safe and effective lending source with optimal benefits and minimal cost. SeABank also offers highly preferential terms of car loan, housing loan and consumer loan to individual customers , the lowest lending rate is only 0.92%/month.

According to the bank, the cut-down of lending rate aims to support and meet the year-end demand of business development of corporate customers and consumption of individual customers. SeaBank has thus shared our interest with our customers and enhanced our competitive edge, particularly when market prices are ever raising.
Currently SeABank has the nominal capital of VND2000bil and approx.40 transaction points in almost every big cities, towns and important economic areas over the countries. SeABank has the strategy to focus on the economies which have area- or country-level strength such as coal export, fishery, agriculture, shipbuilding and sea transportation, energy, fuel and other basic industries.