Economy

'Instant fee reduction - Instant profit' from BAC A BANK

Phu Huong February 24, 2025 15:34

Running until the end of 2025, the "Instant Fee Reduction - Instant Interest" promotion program from Bac A Commercial Joint Stock Bank (BAC A BANK) offers discounts of up to 50% on various fees along with attractive loan interest rate reductions.

With the goal of providing practical support to small and medium-sized enterprises (SMEs) in accessing financial products and services, optimizing operational efficiency, and focusing on business development, Bac A Commercial Bank is launching the "Instant Fee Reduction - Instant Interest" promotional program. The program offers discounts of up to 50% on various fees along with attractive reduced loan interest rates.

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"Instant fee reduction - Instant interest" from BAC A BANK. Photo: BAB

SMEs are considered the backbone of Vietnam's economy, accounting for approximately 98% of all businesses and contributing about 45% of the country's GDP. The diversity in business models and sectors of operation of SMEs not only reflects the dynamism of the market but also demonstrates the high adaptability of Vietnamese businesses in the context of a globalized economy.

According to experts, two major issues need to be addressed to help SMEs thrive and develop strongly in Vietnam's new era: capital and market expansion. To provide a stable source of capital and optimize costs for SMEs using products and services, the "Instant Fee Reduction - Instant Profit" incentive program will run from the beginning of 2025 until December 31, 2025.

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The program runs until the end of 2025 with many attractive offers. Photo: BAB

This includes a "super attractive" combo that reduces service fees by up to 50% and lowers loan interest rates by up to 1% per year. The promotional packages are designed to suit the conditions and priority levels of using BAC A BANK's products and services, such as: Short-term loans; Guarantee issuance; Capital arrangement commitment issuance; International payments (including LC/TTR/...); Foreign exchange trading; Payment negotiation/Document discounting; Payroll payment services/Internet banking; and Use of payment accounts/Deposits at BAC A BANK.

“Small and medium-sized enterprises (SMEs) account for a large proportion in terms of number and play a crucial role in promoting production and driving economic development in society today. BAC A BANK's program is designed based on the practical needs of customers, while also aligning with our desire to help businesses save costs and increase access to capital to achieve maximum business efficiency,” a representative from BAC A BANK shared.

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'Instant fee reduction - Instant profit' from BAC A BANK
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