Updated February, 22 2012 10:13:24

Bank offers incentive loans

HCM CITY — The Asia Commercial Bank (ACB) has launched a US$100 million-scale incentive lending plan called "Preferential interest rate credit for export-import businesses".

Effective until June 30, the lending mainly assists businesses in the fields of rice, seafood, cashews, plastic, petrol, and steel.

Accordingly, enterprises requiring additional working capital to produce exported goods or to pay for imported items will be financed with lower interest rates in US dollars by ACB. — VNS