BAC A BANK offers preferential credit to THFC Distributors and other industries

PH• August 3, 2021 07:27

(Baonghean.vn) - In order to ensure meeting all capital needs arising during business operations, Bac A Commercial Joint Stock Bank (BAC A BANK) has launched the product "Credit for Distributors of TH Food Chain Joint Stock Company (THFC) and other industries" with many outstanding preferential policies.

Milk and dairy products recorded positive growth rate

The Covid-19 pandemic and its impacts are having significant impacts on all socio-economic sectors, affecting the living and consumption habits of all households and people. It can be seen that Vietnamese people's spending on essential needs such as food in particular and factors related to health care and assurance in general are being given top priority.
According to a Kantar study conducted at the end of 2020, milk and dairy products recorded a positive growth rate compared to 2019, especially in urban areas. Grasping this trend, THFC distributors can increase resources to focus on distributing products through retail and wholesale channels... to boost profit margins.

TH true MILK đạt mức tăng trưởng điểm tiếp cận người tiêu dùng (CRP) ấn tượng là 7%. Ảnh: PV

TH true MILK achieved an impressive consumer reach point (CRP) growth of 7%. Photo: PV

Also according to the Brand Footprint Ranking announced by Kantar on June 18, TH true MILK achieved an impressive consumer reach point (CRP) growth of 7%, becoming a successful brand in urban areas by attracting more than 100,000 new households to the consumer network, as well as being chosen by more than half of households in 4 major cities nationwide. With such high brand coverage, THFC promises to increasingly expand its market share and increase distribution output.

Beneficiaries of this credit productBAC A BANKis a Level 1 Distributor of fast-moving consumer goods, with a valid distribution contract. Serving a variety of purposes from supplementing working capital to investing in fixed assets, factories, machinery, equipment, etc., the credit package is an effective and practical financial solution, creating momentum for Distributors to develop, meeting the increasing demands of the market.

Special offers exclusively for Distributors

Accordingly, during this period, BAC A BANK synchronously deploys a special incentive policy package exclusively for Distributors purchasing THFC products. Customers who borrow capital with collateral will have their loan ratio increased to up to 90% of the asset value and enjoy preferential interest rates, starting from only 6.2%/year. Customers who meet all of BAC A BANK's conditions can borrow up to 3 billion VND without collateral at extremely attractive interest rates. In addition, a series of other services will be exempted or reduced in fees to bring the highest benefits to customers, including: Completely free account services, domestic money transfers, treasury and electronic banking services; 30% reduction in guarantee fees for all subjects.

Cấp tín dụng cho các nhà phân phối. Ảnh: H.T

Providing credit to distributors. Photo: HT

With a team of experienced and professional staff, a flexible mechanism in providing loan documents, along with modern technology processes and systems, BAC A BANK will certainly help Distributors access capital quickly, saving time and costs, thereby expanding the market and taking advantage of existing business opportunities.

In addition to providing financial services, BAC A BANK always pays special attention and focuses on investment consulting activities for a generation of sustainable development enterprises, for high-tech application fields, agricultural modernization and social security. Accompanying and cooperating strategically with TH Group for many years, BAC A BANK aims to create core values, bringing true happiness to the community. The Bank always strives to create the best conditions for Customers - especially THFC's partners - to have access to preferential financial resources to serve production and business.

For more information, please visit the Websitewww.baca-bank.vn, contact BAC A BANK branches/transaction offices or Customer Care Center1800 588 828.