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Banking & Finance

HDBank introduces special offers to contractors

Released at: 07:59, 02/06/2018 What's on

HDBank introduces special offers to contractors

Photo: HDBank

Bank providing special packages to construction and M&E contractors and equipment suppliers.

by Khanh Chi

Drawing from its experience in supporting developers and contractors of construction and mechanical and electrical (M&E) projects, HDBank has introduced to corporate customers complete financial packages for contractors with numerous offers, extensive benefits, and cutting-edge tools.

Customers who are construction and M&E contractors or equipment suppliers in Vietnam can now capitalize on complete financial packages (including working capital supplements, contract financing, guarantees, and letters of credit) with exceptional deals on interest rates, guarantee fees, and a financing limit of up to 85 per cent.

HDBank does not even require collateral for the issue of guarantees. The margin deposit starts at 0 per cent while performance deposit varies between 0-5 per cent. A wide range of collateral is accepted, including cash flows or contract income.

Moreover, customers who choose the service can register their contract information and estimate limits, cash flow and disbursement schedules via an app available on HDBank’s website. The limit calculator is currently exclusive to HDBank.

With this package, HDBank aims to accompany and provide businesses with convenient and fast accesses to financial products and services, hence optimizing their efficiency and helping them focus on business development. Businesses who choose the package can also expand their activities through HDBank partnership with major developers. 

HDBank strives to offer businesses its prompt and comprehensive support through the customization of products and services according to each profession, business sector and customer base.

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