OceanBank offers preferential interest rate

Ocean Commercial Joint Stock Bank (OceanBank) has recently announced that from September 13, 2011 it officially launched a preferential lending program for production and business sectors.
The program is designed for enterprises in sectors of agriculture production, export and other business sectors.

Accordingly, the bank’s the most preferential lending interest rate of 16% per year will be offered for sectors of agriculture and export and the minimum lending interest rate of 17% per year is for other business and production fields.

OceanBank will still continue its preferential policy package for small and medium-sized enterprises (SMEs) with a lower lending interest rate by 1-3% per year against common lending rate together with many other incentives on fees.

Tags: Ocean Bank, Vietnam banking industry, Vietnam finance, Vietnam financial

Posted by VBN on Sep 17 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry