HCM City Housing Development Commercial Joint Stock Bank (HDBank) has launched the programme of "Tai tro von luu dong phuc vu hoat dong san xuat kinh doanh ca phe" or funding working capital for coffee production and trading purposes.
The customers can use their own finished coffee products as the guaranteed assets so as to borrow money from the bank with preferential interest rates. The total capital to be spent on this programme may reach 2 trillion dong.
The borrowers can access the capital source by opening an account at HD Bank. The bank will disburse the loan within one working day if the customers meet all the requirements. In addition, the customers can enjoy other convenient services such as free of service charges for transferring money via eBanking network, supporting in payment services in foreign currencies in accordance with the current regulations of State Bank of Vietnam (SBV) etc.
The programme will start from November 2010.
Up to Sep 30, the bank's total asses value was posted at nearly 28 trillion dong, raised capital of 24.856 trillion dong and profit of 221 billion dong.
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