According to SHB, this product will help rice businesses take advantage of market opportunities, improve competitiveness, and at the same time contribute to the implementation of the Government's goal of ensuring food security and developing the agricultural economy according to the orientation of prioritizing credit in the agricultural and rural sectors.
The rice industry is one of the export pillars of Vietnam, playing an important role in national trade and food security. Given the complex fluctuations in the international market, the need for capital to expand production and optimize the supply chain becomes even more urgent. SHB hopes that this flexible financial solution will help businesses proactively produce, stabilize supply and increase business opportunities.
The bank said it will provide credit up to 100% of the invoice value, support businesses to speed up capital turnover, and maintain stable cash flow. At the same time, SHB provides many loan packages suitable for each need such as: mobile capital, rice temporary storage, pre-delivery sponsorship, export sponsorship via L/C and T/T. The disbursement process is shortened, allowing disbursement within 2448 hours after completing the documents.
In particular, the guaranteed asset policy is also designed flexibly, helping businesses more easily access capital. SHB accepts many types of collateral such as: rice land (with a lending ratio of up to 80% of value), debt collection rights, inventory with flexible management methods.
SHB representative shared: The rice industry not only plays a key role in the economy but is also a pillar to ensure national food security. SHB is committed to accompanying rice industry enterprises, providing flexible financial solutions to optimize supply chains and enhance brand value in the international market.
In addition to rice-backed products, SHB is promoting the development of specialized financial solutions for key economic sectors such as industry, trade, services, renewable energy, etc. At the same time, the bank also implemented a preferential interest rate credit program, improved processes, and designed "tailored" products to suit each customer group.
In the period of 20242028, SHB is implementing a comprehensive transformation strategy with 4 pillars including: reforming mechanisms - policies - processes; taking people as the center; targeting customers and markets; modernizing technology and digital transformation. The bank is steadfast in its 6 core cultural values: "Heart - Trust - Trust - Knowledge - Intelligence - Vision".
SHB sets a strategic goal of becoming the most favorite digital bank, the best and leading retail bank in terms of efficiency, and at the same time being a leading financial product - service provider for businesses with supply chains, value chains and green development orientation.
