Proposal to establish a bank specializing in real estate loans
Deputy Minister of Construction Nguyen TranMale
Deputy Minister of Construction Nguyen Tran
Deputy Minister of Construction Nguyen Tran Nam said that because capital from banks has been "cut off", the main task in 2012 is to find a way to provide capital so that businesses can continue to maintain and implement their projects, regaining the trust of the people.
Currently, the Ministry is coordinating with the State Bank and the Ministry of Finance to propose further, in addition to the Housing Savings Fund, a re-mortgage agency for social housing projects is also proposed; and a proposal to re-establish a number of specialized banks for construction and housing.
According to VNMedia
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