Individual housing loans reach $9.7 million

Friday, Oct 11, 2013 17:02

Banks have committed $9.67 million in housing loans for individual as part of a Government property support programme. — Photo

HA NOI (Biz Hub) ― 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.

Winthin 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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