01/10/2013
SeABank continues offering lots of privileges to enterprises
In order to support small & medium-sized enterprises (SME), professionals to purchase cars for their business, from now until December 31, 2013, Southeast Asia Commercial Joint Stock Commercial Bank (SeABank) implements “Preferential car loan program for enterprises – SeACar Busniess” offering lots of privileges in terms of interest rate and fee.
During the aforesaid period, enterprise customers applying for car loans from SeABank under Preferential car loan program for enterprises – SeACar Busniess shall enjoy preferential interest rate of 0% p.a for the first month and 11% p.a for the next 11 motnths. Furthermore, enterprises are also free from issuing fee and the first year’s annual fee applicable to enterprise debit card and deferred debit card & free of charge for SeANet registration and usage at SeABank.
Besides, with the purpose of best supporting enterprises with loan demand for serving business, SeABank has extended the duration of the VND 2000 billion preferential credit package – SME Promotion 2013 applicable to enterprises in group I (export material, product processing, production and trading; pharmaceutical and healthcare equipement; gasoline, oil, fuel; textile, fiber and textile – garment related products) and group II (consumer products, electronics – telecommunication, fertilizer, animal food; wood and wood processing; agricultural products).
Customers whose main business lines are among sectors/areas under group I and group II of VND medium-term credit program having the purpose of fixed asset investment or business extention shall enjoy the minimum interest rate of 11% p.a. for the first 06 months and at least 12% p.a. for the next 06 months. Enterprises who borrow USD short-term loan for serving sectors/areas under group I and group II shall be offered a reduction of USD short-term loan interest rate of 0.5% p.a. in maximum compared to the Interest Rate Grid of SeABank at the time of disbursement; maximum preferential period is 03 months.