VPBank reduces existing loan interest rates for customers affected by storm Yagi

Accordingly, VPBank will directly reduce lending interest rates for all individual customers with existing loans at the bank and with collateral. Specifically, VPBank will reduce interest rates for medium and long-term loans by 1%, and short-term loans by 0.5%.

VPBank's interest rate support program is implemented from September 13 to December 31, 2024, applied in all provinces and cities directly affected by storm Yagi such as Quang Ninh, Hai Phong, Hanoi, Thai Nguyen, Yen Bai , ...

In addition to reducing loan interest rates, VPBank also adjusted the preferential interest rate to only 6.5%/year fixed for the first 12 months for all customers who need to repay loans early at other banks or borrow to buy real estate, build or repair houses.

In parallel with the direct support activities to customers, VPBank has also donated 2 billion VND to support people affected by the recent storm No. 3, following the call of the Central Committee of the Vietnam Fatherland Front . This amount will be transferred directly by VPBank to the receiving account of the Vietnam Fatherland Front, to join hands to help people in affected localities.

According to VPBank representative, people in the northern provinces are going through difficult days with many losses and sorrows due to the impact of Typhoon Yagi. With the mission of “For a prosperous Vietnam”, the tradition of helping each other, VPBank always has the responsibility to share the difficulties with localities and people who are suffering heavy losses caused by Typhoon Yagi. VPBank hopes that the bank’s support will be a small source of encouragement, helping people to firmly overcome difficulties.

From 2022 to present, VPBank has joined with the Loving Leaves to build and renovate more than 50 schools across the country; implemented the charity program "VPBank Transactions - Nurturing Prosperity" with a total expected contribution of up to 1.8 billion VND... to join hands to help children in mountainous areas have more opportunities to go to school. VPBank's contributions to the community and society have amounted to more than 1,800 billion VND in the past 4 years, contributing to realizing the mission "For a prosperous Vietnam".

Source: https://nhandan.vn/vpbank-giam-lai-vay-hien-huu-cho-khach-hang-bi-anh-huong-boi-bao-yagi-post830690.html