"LOW INTEREST LOANS, FAST LOANS" FROM BAC A BANK

Overall economic growth is on an upward trend.

Having harbored the intention of opening a fast-food restaurant since the beginning of 2022, Ms. Nguyen Nhung (Hanoi) carefully planned and paid particular attention to credit packages for small business owners. “After the Covid-19 prevention measures were eased, I realized this was a good time to start my plan.”businessBecause real estate prices are quite affordable, and most banks are offering attractive loan interest rate programs."

Recognizing that seizing opportunities is crucial for success in business, Ms. Nhung decided to immediately open a fast-food restaurant. To secure sufficient initial capital, she visited several banks to research and choose the most suitable loan package. It's clear that the pace of life is accelerating, creating momentum for business to flourish with the overall growth of the economy, including the individual business sector.

Customers can enjoy many benefits from the "Fast Loan Interest Rates - Business Flourishing" program.

According to Nikkei (Japan), the indexrecovery after the COVID-19 pandemicVietnam climbed 48 places to 14th in the world rankings.

Total retail sales of goods and consumer service revenue in June 2022 were estimated at VND 471.8 trillion, an increase of 1.4% compared to the previous month and a 27.3% increase compared to the same period last year; Q2 2022 was estimated at VND 1,395.1 trillion, an increase of 5.5% compared to the previous quarter and a 19.5% increase compared to the same period last year; the first six months were estimated at VND 2,717 trillion, an increase of 11.7% compared to the same period last year, or a 7.9% increase if excluding price factors (compared to a 1.9% increase in the same period of 2021).

Reliable credit sources and supportive interest rates create momentum for economic recovery.

To achieve these impressive figures, many specific policies and solutions have been actively implemented to promptly respond to the epidemic, such as: reducing interest rates; restructuring debt; reducing and deferring tax and social insurance payments; waiving and reducing fees for some public services; reducing and deferring land lease payments, etc.

Accordingly, a group of short-term mechanisms and policies in specific sectors and fields, combined with fundamental, long-term solutions, have basically removed obstacles to economic growth and supported people and businesses.

Customers have more business opportunities thanks to preferential loan terms.

Overall, these sets of solutions are considered appropriate to the developments and impacts of the pandemic, similar to the new approaches of many countries around the world, highly appreciated by the public and the business community, and are on track to prove effective.

Seizing this opportunity, banks have continuously launched many attractive credit products for customers. Among them, the "Low Interest, Fast Loans - Business Flourishing" is a prominent preferential credit package.Bac A Commercial Joint Stock Bank(BAC A BANK) launched this program across its entire system from the beginning of 2022, meeting diverse financial needs for customers, from loans to supplement capital for production and business; loans for planting and caring for industrial crops to loans for agriculture such as growing vegetables, flowers, and fruits.

After six months of implementation, the program has contributed to supporting individual customers in accessing reputable credit sources with preferential interest rates, creating momentum for economic recovery after Covid-19. Recognizing that the investment and business needs of customers remain strong, BAC A BANK officially extended the program until the end of December 2022, or until the program reaches a disbursement volume of VND 3,000 billion, in order to increase access to "affordable" capital for customers.

BAC A BANK: Maintain a pure heart to reach far and wide.

In particular, besides the "Low Interest, Fast Loan - Thriving Business" credit package, BAC A BANK also simultaneously implements many credit programs suitable for diverse borrowing purposes, such as: the "Receive Priority Loans - Realize Your Life Goals" program, applicable to secured loans with limits up to VND 5,000 billion, or additional interest rate reductions when participating in life insurance to double the benefits for customers.

For more detailed information, please contact BAC A BANK branches/transaction offices nationwide, visit the website www.baca-bank.vn or call the Customer Service Hotline 1800 588 828.