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VietNamNews

Housing support package lifts loans

Update: October, 12/2013 - 09:51

HA NOI (VNS)  — By September 30, commercial banks registered to provide VND203 billion (US$9.67 million) in housing loans to about 620 individual customers as part of the Government's VND30 trillion ($1.43 billion) property assistance package.

The committed value nearly doubled that at the end of August. The State Bank of Viet Nam reported on Thursday that Vietinbank registered VND53 billion, Vietcombank VND79.4 billion, BIDV VND50.1 billion, Agribank VND12.8 billion and Mekong Housing Bank VND7.8 billion.

The banks disbursed a combined value of about VND142.46 billion ($6.78 million), also twice as much as August's figure.

Within the support programme, BIDV registered a loan value of VND658 billion ($31.3 million) and Agribank committed VND90 billion ($4.28 million) for businesses buying or renting houses. They disbursed VND54.8 billion ($2.6 million) in total. — VNS

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