Small businesses often face challenges accessing credit due to their limited size, financial constraints, and non-standardized accounting practices. Many also struggle to improve operational efficiency, expand, or adapt to changing regulations.

Small business owners explore support solutions from VPBank. Photo: VPBank

Small business owners explore support solutions from VPBank. Photo: VPBank

To address these challenges, VPBank launched its CommCredit brand in 7/2015, marking a significant step towards meeting the comprehensive needs of small businesses. With a deep understanding of both products and customer needs, VPBank CommCredit develops flexible solutions tailored to the realities of small business operations.

From the outset, CommCredit introduced innovative products such as monthly installment loans, tax-based loans, and market stall collateral loans, along with digital initiatives like the CommCredit portal on the Zalo platform.

During the Covid-19 pandemic, VPBank provided vital financial and non-financial support. In early 2020, during the lockdown, the bank swiftly launched the online "Small Business Academy," equipping tens of thousands of businesses with online sales and management skills.

VPBank also implemented interest rate reductions, debt deferrals, extensions, and loan restructuring to help businesses weather the storm. While simplifying loan application procedures, the bank maintained stringent credit safety standards.

In 9/2024, when Typhoon Yagi hit northern Vietnam, causing widespread damage, VPBank promptly reduced existing loan interest rates for affected customers by up to 1%.

As the economy recovered, VPBank continued its support by launching preferential loan packages with some of the lowest interest rates in the market. The bank also accelerated digitization efforts, introducing innovative products like ShopQR (2023), the Bion payment utility package (2024), and most recently, the Shop Thinh Vuong platform (2025).

Today, VPBank offers a comprehensive suite of solutions supporting businesses in all aspects of their operations: flexible secured and unsecured loans, dedicated credit cards for small businesses, Shop Thinh Vuong, and the Bion payment utility package.

Following the implementation of Decree 70, which mandates digitization and professionalization for small businesses, VPBank introduced the V20000 solution package. With a scale of 20,000 billion VND, V20000 is one of the bank's largest credit programs specifically for small businesses. These loans feature fast approval times, simple procedures, and competitive interest rates, starting from 3.99% per year for secured loans.

To further address operational challenges, VPBank provides a "5-in-1" solution encompassing accounts, capital, taxes, insurance, and payment management. This integrated package offers market-leading promotions and benefits.

VPBank also supports small businesses through high-quality workshops featuring experts in tax, technology, and banking. These events provide a platform for business owners to exchange experiences and learn from real-world case studies. This month, a workshop titled "Business Operations, Fast Progress with Solutions" will offer fresh perspectives and practical solutions for smooth and efficient business management.

A VPBank representative stated that from digitizing financial services to designing preferential loan packages tailored to real needs, the bank remains committed to its guiding principle of "Accompanying small businesses, stepping firmly towards prosperity," supporting their sustainable development and empowering them to adapt to the changing times.

(Source: VPBank)