(ĐN)- Dong Nai branch of Viet Nam Social Policy Bank is deploying a relief package to provide zero-interest-rate loans to local employers.
(ĐN)- Dong Nai branch of Viet Nam Social Policy Bank is deploying a relief package to provide zero-interest-rate loans to local employers.
Accordingly, the employers can borrow from the branch with zero interest rate over 12 months to pay salaries for their furloughed workers in the three-month period.
Particularly, the loan amount is no more than 50% of the regional minimum wage/person/month, maximum for 3 months from April to the end of June 2020. Interest rate of overdue debts will be 12 percent per year. Loan term is agreed by the branch and borrower but must not exceed 12 months.
Reported by C.N
