SHB supports women-owned businesses affected by the Covid – 19 epidemic

On the morning of September 27, 2021, Saigon – Hanoi Bank (SHB) participated in the Business – Bank connection program, one of the activities of the project “Support to minimize the impact of the Covid-19 epidemic for small and medium-sized businesses owned by women” organized by the State Bank of Vietnam, the Asian Development Bank (ADB) and the Vietnam Women’s Business Council in an online form.

As one of five banks providing loans to women-owned businesses, SHB offers many attractive financial solutions. Accordingly, with new loans, SHB coordinates with ADB to finance the entire capital withdrawal commitment fee, and the short-term preferential loan interest rate is only from 3.85%/year, medium and long-term from 6.1%. /year. For loans with restructured repayment terms, SHB coordinates with ADB to support payment of 06 months of loan interest, in addition to waive loan restructuring fees for customers. Besides, SHB shortens the loan application approval time and notifies the results after 24 hours when customers provide complete documents.

At the direct exchange between banks and businesses, over 30 women-owned businesses chose SHB as their consulting bank and asked many questions about the support packages of ADB and SHB so that businesses can can access preferential financial capital.

Accompany and stand side by side with businesses and programs “Supporting women-owned businesses” issued by SHB’s Corporate Banking Division, effective from January 2021 to December 2023, to support women-owned businesses to minimize the impact of the COVID-19 pandemic, contributing to improving capacity. finance, stabilize and develop business activities, thereby creating a foundation and resilience to achieve sustainable success in the future.

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