ASSIST BUSINESSES TO KEEP UP THEIR REBOUND MOMENTUM

The National Citizen Commercial Joint Stock Bank (NCB) continuously offers a variety of solution packages and appealing incentive policies to businesses in order to support them in their recovery and development of production and business, helping them cut costs and increase competitiveness.

Signs of improvement from businesses

At the beginning of the new year, production and commercial activity are showing indications of progress. Returning to the market, many investors welcome chances for growth and recovery. The General Statistics Office of Vietnam reports that there has been remarkable recovery momentum in the number of companies establishing new establishments and re-entering the market in the first four months of this year.

In April, the entire nation recorded over 15,300 newly registered businesses, bringing the total number of newly established businesses in the first 4 months of the year to 51,600. Concurrently, the number of businesses that resumed operations in the first 4 months of 2024 amounted to 29,700, resulting in a record-high of 81,300 businesses that entered and re-entered the market, representing a 3% increase from the same period in 2023.

The business community's confidence in the economy's recovery, the government's operating policies, and appropriate and timely support solutions from commercial banks and credit institutions is demonstrated by these positive numbers.

Support from the Bank with practical solution packages

In recent years, the National Citizen Commercial Joint Stock Bank (NCB) has consistently implemented numerous solution packages and attractive preferential policies to assist businesses in overcoming challenges. This has enabled businesses to reduce costs and enhance their competitiveness, thereby promptly and effectively responding to the needs of business recovery and development.

NCB has recently developed a unique incentive program that is exclusively available to corporate customers who have established NCB iziBankbiz digital bank accounts with the bank. In light of this, corporate customers who reactivate their accounts and conduct financial transactions through the NCB iziBankbiz digital banking channel (which includes 2 versions of Internet Banking on the browser and the iziMobiz application on the phone) will receive an international money transfer promotion code of VND 5 million from NCB immediately. This promotion will be available until June 10, 2024. Customers who maintain an average payment account balance of VND 20 million per month are eligible for the program.

Furthermore, NCB provides a promotional code of VND 3 million to businesses with an average payment account balance of VND 10 million per month when they utilize international money transfer services. This incentive from NCB enables businesses that engage in international trade cooperation to reduce costs, thereby fostering a sense of motivation to expand their operations.

NCB continuously deploys a variety of solution packages and attractive incentive policies for business customers.

Additionally, NCB provides businessmen with luxuriously designed suitcases as gifts. These suitcases are particularly advantageous for brief business travels, provided that the business conducts 10 financial transactions per month via Internet Banking or Mobile Banking, with a total transaction value of VND 500 million.

Additionally, corporate customers who reactivate their NCB iziBankbiz account from now until June 10, 2024, will receive a 5% refund for each bill of electricity, water, internet, air tickets, road tolls, and other expenses that exceed VND 1 million on NCB iziBankbiz. The maximum cumulative refund value is VND 250,000 per month, with an unlimited number of disbursements. Additionally, NCB provides corporate customers with a 0.2% annual interest rate when they deposit online savings, which enables them to make transactions more convenient and optimize their profits on deposits.

These are practical incentives developed by NCB based on customer knowledge and a desire to support enterprises during the recovery, production, and development phases. At the same time, it helps to digitize operations and financial management, thereby satisfying development needs and providing benefits for organizations in the digital era. NCB continuously upgrades the NCB iziBankbiz digital bank to enhance the user experience and offer businesses efficient, secure, and quick solutions for managing cash flow in the digital environment. It is highly valued by businesses and has been named one of the "Top 50 Trusted Products and Services in Vietnam 2023" by the Vietnam Economic Times (VnEconomy).

NCB is increasingly asserting its role as an active companion in the revival and acceleration of the Vietnamese business community

In addition to facilitating the digitalization of corporate governance, NCB has recently implemented preferential loan packages that are specifically tailored to manufacturing and import-export enterprises. These packages are intended to provide maximum working capital, thereby ensuring a seamless production and business cycle for businesses.

NCB will continue to develop products in the direction of "tailoring" for large customers, small and medium-sized business customers, and launching full-package products according to industries and business fields to suit each customer, in addition to the business's development, in 2024. Therefore, the community is enriched by the highest values, which are positively impacted by the recovery and development of the economy.

For more detailed information, program rules, and other attractive incentives, customers can refer to NCB website at https://www.ncb-bank.vn/, contact transaction offices/branches nationwide, or call the hotline at (028) 38 216 216 - 1800 6166.