Graphic image of Dong Phat Parkview Tower. — Photo bdsbinhminh.com

HCM CITY (Biz Hub) — The Housing Development Commercial Joint Stock Bank (HDBank) has signed a contract to provide credit package worth VND300 billion (US$13.7 million) for people to buy apartments at Ha Noi's Dong Phat Parkview Tower project

Starting in August, the bank will offer preferential loans at 6.8 per cent annual interest in the first six months to customers to buy apartments.

The customers then have two other options of taking loans at a fixed annual interest rate of 8.6 per cent in the first 12 months or at 9.9 per cent in the first 25 months.

The loans, worth up to 80 per cent of the apartment value, have a tenor of up to 30 years. Customers can use apartments of the project as guaranteed assets.

The 30-storey Dong Phat Parkview Tower is located in Hoang Mai District, and has been funded by the Dong Phat Investment Joint Stock Company.

The bank also announced a tie-up with Payoo to strengthen its internet banking service.

The service, available nation-wide, will enable customers of HD Banks to pay internet and water fees online. — VNS