BIDV launches credit packages for start-ups, micro enterprises
The Bank for Investment and Development of Vietnam (BIDV) has launched preferential credit programmes worth a total VND3 trillion (US$132.1 million) to support start-ups and micro enterprises.
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A VND2 trillion (US$88.1 million) preferential credit package has been designed to provide short- , medium- and long-term loan to newly established companies while micro enterprises will benefit from an VND1 trillion (US$44 million) programme that provides short-term loans.
Those programmes offer beneficiary businesses annual interest rates 1-1.5% a year lower than normal ones.
Besides those two programmes, BIDV also launched preferential loans for small- and medium-sized enterprises.
