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low interest rates

News updates related to low interest rates

VNREA đề xuất gói vay mua nhà lãi suất thấp chưa từng có

VNREA proposes unprecedented low interest home loan package

The Vietnam Real Estate Association (VNREA) has just proposed an unprecedented financial incentive policy package to address pressure on social housing.

People will be able to get 'hot loans' from banks with low interest rates.

(Baonghean.vn) - That is the opinion of Deputy Governor of the State Bank of Vietnam Dao Minh Tu when discussing solutions to prevent black credit.
People have few opportunities to access preferential capital to buy social housing.

The total capital for social housing loans this year is 1,000 billion VND, with an interest rate of 4.8%/year. With the borrowing needs of thousands of families, this capital is just "a drop in the ocean".

Difficult to implement low interest rate loans
June 26, 2012 18:31

In the province, there are currently 49 grassroots People's Credit Funds (GCFs) operating in 12 districts, cities and towns, mainly lending for investment in agricultural and rural development. Most of the loans are in the priority group according to the regulations of the State Bank.

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