The total outstanding loans for property investment and trading reached nearly VND267 trillion, or US$12.7 billion, at the end of February, up 1.8 per cent from the end of 2013.
Recent property lending data have revealed concerns about significant challenges facing national credit policies aimed at stimulating sustainable development in various sectors, according to news website VnEconomy.
HA NOI (Biz Hub) — ANZ Bank is offering a preferential lending interest rate of 6.5 per cent per year for the first three months on home purchase loans or loans with a housing mortgage.
More than 95 per cent of domestic banks plan not to provide new loans
for securities investment, according to a recent State Bank of Việt Nam
report on economic outlook for 2013.
