Agribank continue to lower lending interest rates

From December 1, the lowest lending interest rate for short-term loans offered by the Bank for Agriculture and Rural Development of Vietnam (Agribank) at all of its 2,200 branches nationwide is reduced to 11% a year (or 0.9% a month), according to a recent decision signed by the bank's general director.

For those customers who involve in export activities and are using Agribank services, the lending rate is down by 2% to 7% a year.

This has been the second reduction in lending interest rate by Agribank within the past ten days.

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