HDBank offers VND2 tril loans for local coffee exporters

11:10, 20/10/2010

(ĐN)- HCM City Housing Development Commercial J.S Bank (HDBank) has just launched a program to fund working capital for coffee production and trading purposes.

(ĐN)- HCM City Housing Development Commercial J.S Bank (HDBank) has just launched a program to fund working capital for coffee production and trading purposes.

 

The customers can use their own finished coffee products as the guaranteed assets so as to borrow money from the bank with preferential interest rates. The total capital to be spent on this program may reach 2 trillion dong.

 

The borrowers can access the capital source by opening an account at HD Bank. The bank will disburse the loan within one working day if the customers meet all the requirements.

 

In addition, the customers can enjoy other convenient services such as free of service charges for transferring money via eBanking network, supporting in payment services in foreign currencies in accordance with the current regulations of State Bank of Vietnam (SBV) etc.

 

The programme will start from November 2010.

Reported by V.L