SHB spends nearly 150 billion VND on social security activities

Hải Đăng |

SHB proactively implements activities to support people in difficult circumstances after natural disasters and supports the elimination of temporary and dilapidated houses for poor and near-poor households.

Responding to the Prime Minister's call, on October 5, 2024, SHB donated 100 billion VND to Soc Trang province at the Program to launch support for eliminating temporary and dilapidated houses for poor and near-poor households nationwide - "Warm home for my people".

The program aims to eliminate temporary and dilapidated houses for people nationwide by December 31, 2025 at the latest. People can live in "3 hard" houses - hard roof, hard floor and hard wall. This is a beautiful and challenging aspiration that can only be achieved with the joint efforts and contributions of the whole society.

With the spirit of “Joint Commitment - Joint Strength”, SHB always accompanies the Party and State in social security programs, volunteer activities, building schools, houses, infrastructure, etc., joining hands to help those in difficult circumstances and improve the lives of Vietnamese people.

SHB Bank constantly spreads profound human values, promotes good traditions of the nation and society towards a better future, sustainable development with the country.

Previously, after Typhoon No. 3 Yagi passed through, leaving severe consequences for many northern provinces, SHB announced a program to support people affected by storms and floods in 2024, in collaboration with T&T Group, SHS Securities Company, and VinaWind Company to donate 23.5 billion VND. Of which, SHB contributed 7 billion VND, taken from the Employee's Heart of Love Fund and the Bank's Social Security Fund.

The Bank also proactively implemented many practical activities to support localities in all essential aspects of life such as health, culture, education, etc. The Bank immediately introduced financial policies suitable for customers, people, and businesses affected by Typhoon Yagi.

In particular, SHB estimates a 50% reduction in interest payable to customers affected by storms and floods in the last 4 months of the year, with an estimated total reduction of 40 billion VND. At the same time, the Bank provides a credit package of 2,000 billion VND with a short-term interest rate of only 4.5%/year, helping businesses have capital to overcome post-storm difficulties, restore operations, and rebuild.

Thus, through the practical and meaningful activities mentioned above, SHB has contributed to the Program to support the elimination of temporary and dilapidated houses for poor and near-poor households nationwide and implemented interest exemption and reduction for customers, supporting people affected by storms and floods, estimated at up to 147 billion VND.

Originating from the Heart, after more than 30 years of development, SHB has always adhered to the orientation of sustainable development with the country, accompanying the creation and spreading good values ​​to the Vietnamese people.

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