BAC A BANK offers preferential credit terms to THFC distributors and other product categories.
(Baonghean.vn) - To ensure that all capital needs arising during business operations are met, Bac A Commercial Joint Stock Bank (BAC A BANK) is launching the product "Credit Granting for Distributors of TH Food Chain Joint Stock Company (THFC) and other product lines" with many outstanding preferential policies.
Milk and dairy products recorded positive growth rates.
The Covid-19 pandemic and its effects are having a significant impact on all socio-economic sectors, affecting the lifestyles and consumption habits of every household and every individual. It is evident that Vietnamese people's spending on essential needs such as food in particular, and factors related to healthcare and health in general, is being prioritized.
According to a Kantar study conducted at the end of 2020, milk and dairy products recorded positive growth compared to 2019, especially in urban areas. Capitalizing on this trend, THFC's distributors can strengthen their resources to focus on distributing products through retail and wholesale channels... in order to boost profit margins.
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| TH true MILK achieved an impressive 7% growth in consumer reach points (CRP). Photo: PV |
According to the Brand Footprint ranking published by Kantar on June 18th, TH true MILK achieved an impressive 7% increase in Consumer Reach Point (CRP), becoming a successful brand in urban areas by attracting over 100,000 new households to its consumer network and being chosen by more than half of households in the four major cities nationwide. With such high brand coverage, THFC promises to further expand its market share and increase its distribution volume.
Special offers exclusively for distributors.
Accordingly, during this period, BAC A BANK is implementing a comprehensive package of special preferential policies exclusively for distributors purchasing goods from THFC. Customers borrowing with collateral will have their loan-to-value ratio increased up to 90% and will enjoy preferential interest rates, starting from only 6.2% per year. Customers who meet BAC A BANK's conditions can borrow up to VND 3 billion without collateral at extremely attractive interest rates. In addition, a series of other services will have their fees waived or reduced to provide the greatest benefit to customers, including: Completely free account services, domestic money transfers, treasury services, and electronic banking services; and a 30% reduction in guarantee fees for all customers.
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| Providing credit to distributors. Photo: HT |
With its experienced and professional staff, flexible loan application processing mechanisms, and modern technology processes and systems, BAC A BANK is confident in helping distributors access capital quickly, saving time and costs, thereby expanding their market and taking advantage of existing business opportunities.
For more detailed information, please visit the website.www.baca-bank.vnContact BAC A BANK branches/transaction offices or the Customer Service Hotline.1800 588 828.
