BIDV reduces interest rates by 2% and offers preferential fees for businesses implementing bidding packages for healthcare and educational facilities from now until June 30, 2025.
Specifically, businesses will be refunded 100% of the bid bond fee when issuing a package bond at BIDV, and the interest rate will be reduced by 2% compared to the normal rate. BIDV accepts a variety of collateral assets, including future debt claims from hospitals.
In particular, pharmaceutical enterprises are entitled to a 50% reduction in collateral ratio when issuing performance guarantees for bidding packages to medical facilities.
BIDV offers preferential interest rates and service fees for businesses investing in healthcare and education. Photo: BIDV
In addition to providing working capital to promptly meet business needs, BIDV also offers preferential fees for all products and services on BIDV iBank, such as up to 30% reduction in trade finance fees, international money transfer fees, domestic money transfer fees; preferential foreign exchange rates up to 170 points; free international money transfer fees. These are preferential policies to support businesses to promote trade finance activities and encourage them to conduct transactions through BIDV’s digital banking channel.
For new customers, the program will provide free account numbers, account management for the first 12 months, free annual corporate card fees, and a refund of more than 45% of spending. At the same time, BIDV will refund up to VND 10 million per unit per month for POS and E-merchant services.
Customers transact at BIDV branch. Photo: BIDV
Supporting businesses operating in the healthcare and education sectors is one of BIDV’s top priorities. Previously, the bank launched a preferential credit package for pharmaceutical businesses with an interest rate reduction of up to 2%, supporting timely supplementary working capital for production and business activities, expanding the scale and market share of businesses.
With this new comprehensive incentive package, BIDV hopes to help businesses be proactive when implementing bidding packages with medical and educational facilities, quickly providing pharmaceuticals and essential equipment and supplies to people.