Housing Development Bank (HDBank) has unveiled a preferential loan package for consumer goods producers and distributors for working capital.
Housing Development Bank (HD Bank) has unveiled a preferential loan package at 6.3 per cent interest meant for customers borrowing on their credit card with a limit of VNĐ300 million (US$13,016).
People with low-incomes are now confronting a crisis as the preferential loan package of VNĐ30 trillion (US$1.3 billion) for affordable home purchases ended in 2016, with no workable alternative currently on offer.
Outstanding loans of credit institutions in the northern Bắc Giang Province touched VNĐ34.4 trillion (US$1.52 billion) in the first seven months of 2017, up 10 per cent since last December.
The disbursement of the housing stimulus package, valued at VNĐ30 trillion (US$1.4 billion) in preferential loans, will finish on schedule, according to the State Bank of Việt Nam (SBV).