This program is designed for salaried employees and business owners. Loans do not require collateral, offer a maximum limit of 100 million VND, and feature simplified procedures, requiring only a citizen identification card for same-day disbursement. Eligible applicants can receive funds in as little as 5 minutes.

SHBFinance staff advise customers on the promotional policy. Photo: SHBFinance

SHBFinance staff advise customers on the promotional policy. Photo: SHBFinance

In addition to traditional loans, SHBFinance is also offering a 50% interest rate reduction on its "Sung tuc" credit card, which has a limit of up to 70 million VND. Customers are exempt from 4 types of fees: issuance, annual, renewal, and cash withdrawal fees for the first 10 transactions. The program, which runs until 30/8, targets customers who need flexible spending and short-term capital for daily expenses.

"We recognize that a large segment of the population has a stable income and good credit history, but still doesn’t have access to appropriate loan terms. Offering lower interest rates to this group encourages healthy financial behavior and promotes a sustainable credit ecosystem," said Olena Khlon, General Director of SHBFinance.

SHBFinance staff assist customers with activating the Sung tuc credit card. Photo: SHBFinance

SHBFinance staff assist customers with activating the Sung tuc credit card. Photo: SHBFinance

According to Khlon, the company is personalizing loan products based on aggregated and analyzed data on income and financial history. This helps reduce credit risk and tailor policies for specific customer segments. It is part of a long-term strategy to expand personal financial services safely and sustainably.

SHBFinance is currently among the few consumer finance companies in Vietnam implementing large-scale credit scoring, aligning with international trends. After just two months, nearly 13% of the company's customers have accessed the new preferential interest rates, a figure expected to increase further.

SHBFinance staff hand over a loan contract to a customer. Photo: SHBFinance

SHBFinance staff hand over a loan contract to a customer. Photo: SHBFinance

According to Digital Banking in Vietnam (5/3/2025), 80% of Vietnam's population, equivalent to more than three-quarters of adults, have limited or no access to formal banking services. Many still face difficulties accessing formal capital due to requirements like employment contracts, salary statements, or transparent credit histories. As consumer finance plays an increasingly important role in the economy, expanding safe credit access is a priority. However, growth in scale requires greater transparency, fairness, and efficiency in lending.

With this program, SHBFinance aims to increase formal credit coverage, reducing reliance on informal channels and improving financial literacy. The company also expects the conditional interest rate policy to promote responsible spending and contribute to the long-term stability of the consumer credit market.

(Source: SHBFinance)

Saigon - Hanoi Commercial Joint Stock Bank Finance Company Limited (SHBFinance) is a licensed consumer finance company operating under the State Bank of Vietnam. To provide financial support to a diverse range of customers, SHBFinance offers a reduced interest rate program for business owners with a preferential interest rate of 1.37% per month, a maximum loan amount of 100 million VND, no collateral, quick approval, and same-day disbursement.

See more program information here.