[Vietnam] Sacombank cuts lending rates by 2% to support import-export businesses, including steel traders

Published: Aug 13, 2026 15:46

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Sacombank has announced a 2% annual interest-rate reduction for new and existing import-export customers from August 13 to December 31, 2026, shortly after the Prime Minister’s meeting with the State Bank of Vietnam (SBV) and the country’s credit institution system on the same morning. The preferential package, backed by a nearly VND 100 trillion portfolio, aims to support import-export businesses, including steel importers and exporters, by reducing financing costs and promoting trade activities. Sacombank is also offering preferential loans at 8.5%-9%/year to priority sectors, business households and FDI enterprises.

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