BAC A BANK prioritizes interest rates for corporate customers towards sustainable development

Sustainable development is the future of the economy.

One of the most prominent economic model transformation trends today is from the linear economic model to the circular economic model, towards sustainable development. According to calculations, the circular economic model can bring about a growth of 4.5 trillion USD by 2030, and support the implementation of 10/17 Sustainable Development Goals (SDGs). This is clearly a very superior economic model, one of the optimal solutions to realize the SDGs goals on a global level. In Vietnam, the trend of businesses gradually converting to a green economic model, a circular economy is also beginning to take shape with serious and methodical investment. However, to realize this superior model requires time and strong potential in terms of capital, policies... to be able to create a comprehensive change from thinking - process - standards - products - distribution with complete end-to-end technology.

Since its establishment in 1994, Bac A Commercial Joint Stock Bank (BAC A BANK) has been oriented to be a multi-functional, modern bank and especially focused on investment consulting for sustainable development projects. BAC A BANK has been very active in developing programs, products and services that best meet the needs of businesses operating in the social security sector. BAC A BANK's investment consulting services have always been recognized and highly appreciated, typically projects of TH Group with a strategy of focusing on applying high technology, science and technology and management science intertwined to create products with outstanding output and quality, towards sustainable development and for community health. Currently, TH has maintained double-digit growth and maintained this growth for many consecutive years. TH fresh milk products have reached nearly 45% market share, maintaining the No. 1 position in urban areas. Particularly in the agricultural sector, TH Group aims for a clean, organic agricultural model and a green, circular economy that the world is aiming for.

“Because people are the core value that BAC A BANK has always set in its business development goals since its inception. Therefore, we also wish to accompany businesses in the fields of social security, for the community, for a prosperous and happy society. In the latest credit program, we offer preferential interest rates from only 5%/year as a commitment of the Bank to like-minded corporate customers”, said a representative of Bac A Commercial Joint Stock Bank.

BAC A BANK “30 years - Elevating Vietnamese enterprises”

BAC A BANK's corporate credit incentive program on the occasion of its 30th anniversary will last from May 8, 2024 to September 30, 2024 with a preferential interest rate of only 5%/year. This competitive interest rate will be fixed when applying a debt acceptance contract term of 03 months or less. For debt acceptance contracts from 03 months to 09 months, the minimum interest rate will be applied from only 6.29%/year. The Program limit is up to 3,000 billion VND with quick disbursement procedures, promising to help businesses quickly access this attractive source of capital.

This preferential interest rate program of BAC A BANK is considered relatively competitive, especially for corporate customers operating in the fields of: Pharmaceuticals, Medical equipment; Education; Rice, Coffee; Green Credit; Production and business serving agriculture and rural areas; Clean and high-tech agriculture.

“In the context of world coffee prices reaching their peak, we are in dire need of additional capital to invest in more machinery and expand our cultivation area. With capital from BAC A BANK and maximum support from the Bank’s staff, we have promptly seized the golden moment to create advantages and improve business results in 2024,” said a sales representative of a coffee growing and exporting company in Dak Lak.

In the first quarter of 2024, the economic recovery trend after the Covid-19 pandemic continued to grow, showing that the market's demand for capital is increasing. BAC A BANK's "30 years - Elevating Vietnamese enterprises" corporate credit incentive program not only promptly meets market demand, but is also a meaningful customer appreciation activity, while demonstrating the business philosophy of always aiming for harmonious development between corporate and community interests.

Please find out more detailed information about preferential loan interest rate programs for business customers of BAC A BANK at the website:www.baca-bank.vnor contact Customer Care Center1800 588 828or BAC A BANK transaction points nationwide.