ACB Bank, RMIT in student loan deal
HCM CITY — The Asia Commercial Bank and Australia’s RMIT International University Viet Nam signed an agreement yesterday to offer students preferential loans. The agreement applies to students taking English courses in the diploma, undergraduate and postgraduate degree programmes.
A secured loan amount may be up to 100 per cent of the collateral value, and unsecured loans are available for VND200 million.
The monthly preferential interest rate will be 0.05 per cent lower than the normal one, according to ACB general director Ly Xuan Hai.
The debtors of unsecured loans will repay 30 per cent of the loan while studying at the university and the remaining 70 per cent after graduation.
Hai said his bank also would provide financial services including international credit cards and money transfer for student study overseas.
"RMIT students can work at our bank during their practical and apply for a job after graduation," said Hai.
Last year, ACB won three awards, including Best Bank in Viet Nam given by Euromoney magazine, Best Retail Bank in Viet Nam by The Asian Banker magazine and the Bank of the Year given by The Banker magazine.
Source: http://vietnamnews.vnagency.com.vn/showarticle.php?num=02BUS160806
A secured loan amount may be up to 100 per cent of the collateral value, and unsecured loans are available for VND200 million.
The monthly preferential interest rate will be 0.05 per cent lower than the normal one, according to ACB general director Ly Xuan Hai.
The debtors of unsecured loans will repay 30 per cent of the loan while studying at the university and the remaining 70 per cent after graduation.
Hai said his bank also would provide financial services including international credit cards and money transfer for student study overseas.
"RMIT students can work at our bank during their practical and apply for a job after graduation," said Hai.
Last year, ACB won three awards, including Best Bank in Viet Nam given by Euromoney magazine, Best Retail Bank in Viet Nam by The Asian Banker magazine and the Bank of the Year given by The Banker magazine.
Source: http://vietnamnews.vnagency.com.vn/showarticle.php?num=02BUS160806
posted by bradley at 7:10 PM
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