Implementing the direction of the Government and the State Bank on implementing a credit package of 500,000 billion VND to prioritize the infrastructure and technology sector, continuing to accompany the business community in the process of digital transformation and sustainable infrastructure development, Agribank pioneers in implementing a preferential credit program for corporate customers investing in infrastructure and digital technology, with a total scale of up to 60,000 billion VND, preferential interest rates reduced by up to 1.5%/year applied until December 31, 2030.
The program for new business customers and businesses borrowing capital from Agribank (including private enterprises) that need capital to invest in infrastructure projects, digital technology in the fields of electricity, transportation, and strategic technology is announced according to the attached list of the Ministry of Industry and Trade, the Ministry of Construction and the Ministry of Science and Technology (list attached here). Customers can use capital from the program to implement new projects, buy back projects, or cover expenses for projects that are underway or have been completed.
Big incentives - Interest rates decrease by up to 1.5%/year compared to the average interest rate
This is a special credit program designed by Agribank to support businesses that need medium and long-term loans to implement infrastructure investment and digital transformation projects. lending interest rates are reduced by up to 1.5%/year compared to the average interest rate for the same term, with a maximum interest rate preferential period of 24 months from the date of disbursement. Enterprises will be advised and supported in choosing flexible loan forms and times, in accordance with the financial plan of each enterprise.
In addition to credit incentives, Agribank will work with customers to deploy comprehensive financial solutions, suitable for infrastructure investment projects, digital technology such as account services, payments and cash flow management (salary payment services, bill payments, automatic investment...), electronic banking, card services, trade finance and foreign currency trading.
Towards the goal of promoting digital transformation and sustainable economic development
Responding to the Government's orientation on promoting comprehensive digital transformation and sustainable economic development, Agribank is implementing this program as a practical solution to support businesses to improve operational capacity, increase production and business efficiency and flexibly adapt to new technology trends.
In recent times, Agribank has been a pioneer bank in prioritizing credit expansion for infrastructure and digital technology investment - an important foundation for the Vietnamese economy to create momentum for strong development, reaching regional level in the digital and globally integrated era.
