ACB deploys solutions to support borrowers at the end of the year

(HCMC) – Facing the demand for cash flow for the year-end crop, ACB has come up with solutions to help individual and corporate customers such as reducing interest rates, getting ready for credit lines. usage and fee incentives. This is the companion of ACB and customers to overcome difficulties and seize business opportunities to help individuals and businesses quickly recover their development capacity.

Specifically, from December 6, 2022 to January 31, 2023, for individual customers and corporate customers who currently have loans and have major transactions at ACB (including account transactions, credit cards, international payments). economic and guarantee) will be reduced 1%/year for loan interest. This loan interest rate reduction is also applied to customers who have loans to re-establish interest rates and new disbursement loans.

For new customers who choose ACB as the main transaction bank in their business activities and are in need of loans for production and business at the end of the year, ACB also prepares a credit line of VND4,000 billion with preferential interest rates. reduce 1%/year to disburse loans in accordance with the requirements and regulations of the bank.

Simultaneously with loan interest support, ACB also applies a policy of free of charge for account transactions on digital bank ACB One; Package of international payment fees to help businesses save costs; Cashback 2-10% when using cards at ACB;... to help customers enjoy many benefits to manage costs more effectively.

Most recently, the international credit rating agency Fitch Ratings upgraded ACB's Government Support Rating (GSR) to "B+", and confirmed the Long-term Issuer's credit rating. default ratings - IDR) at BB-, stable outlook. The two-tier gap between GSR and country rating reflects the size of Vietnam's large banking system and the importance of ACB in the system. Besides, the independent credit strength rating (Viability Rating - VR), which has boosted ACB's long-term IDR rating, is underpinned by ACB's risk management strategy, with asset quality. better than the industry as a whole. Previously, as announced by Moody's, the issuer's credit rating and ACB's long-term bank deposit rating was BA3, obtained due to solid asset quality and good profitability.