SUPPORT ENTERPRISES IMPACTED BY COVID-19

I. Credit granting transactions

Duration: 03/03/2020 - 30/04/2020.

Targeted customers:Corporate customers directly affected by Covid-19 via SCB’s assessment.

Details:

Preferences on lending interest rate:

• Loan term ≤ 6 months: decrease by 0.5%/year
• 06 months < loan term ≤ 12 months: decrease by 0.5%/year in the first 06 months.
• Loan term > 12 months: decrease by 1%/year in the first 06 months

Preferences on international payment fees: Decrease by 30% L/C issuance fees

II. The program “Online transaction at SCB - Joining hands for community's health

Duration: 06/03/2020 - 30/04/2020.

Targeted customers:

• New and current corporate customers having current deposit accounts at SCB;
• Not applicable to corporate customers benefiting from free of/discounted service fees within preferential lists during the program.

Details:

• Preferences on deposit interest rate: 0.4%/year added when using VND term online investment and not exceeding deposit interest rate ceiling of Vietnam State Bank;

  Notes: Applied to new and rollover transactions during the program.

• Preferences on service fees: 30% refund of service fees arising during the program: remittance fees via Internet Banking; service fees for transactions via fax; service fees for bank statement receipt via email.

Outstanding benefits:

• Safe online transactions, risks by the pandemic are limited;
• Profit increased when making online deposit;
• Saving costs for corporate customers: low transaction fees together with preference of fee refund.