SHB serves WB project assisting low-income people

Thursday, Nov 21, 2013 16:12

Transactions at SHB. The bank has been designated to serve in a World Bank project to assist low-income people and domestic businesses. — Photo

HA NOI (Biz Hub) ― Sai Gon – Ha Noi Bank (SHB) has been named by the State Bank of Viet Nam to serve in a World Bank project to assist low-income people.

SHB will be responsible for distributing official development assistance (ODA) capital and other preferential loans, which total about US$55 million, with lending terms of 25 years.

The loans have an interest rate of 1.25 per cent per year and an annual service charge of 0.75 per cent.

The project supports the development and commercialisation of renovation technologies, and helps in boosting global knowledge transfers and enhancing the ability to properly manage projects.

The programme seeks to improve Viet Nam's ability to adapt technology to serve low-income people and also improve the efficiency and performance of domestic companies, according to the State Bank. ― VNS

Comments (4)

Tội phạm đầy những thủ đoạn tinh vi, chúng ta cần cảnh giác.

Vinh Em - Sunday, 05/07/2015, 20:07 Reply | Like

Không tu chí làm ăn mà đi cướp. Phạt nặng vào cho chừa cái tội

Tiền Trang - Thursday, 02/07/2015, 18:29 Reply | Like

Ban ngày, ban mặt mà cũng dám xông vào cướp. Thật không thể tin được.

Hiền Hòa - Thursday, 02/07/2015, 18:25 Reply | Like

Trộm cướp lộng hành quá. May mà bắt được chứ không thì số vàng đi ton rồi

Sơn Tùng - Thursday, 02/07/2015, 18:24 Reply | Like