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HDBank offers $286 million in preferential loans

Apr 10th at 13:56
10-04-2015 13:56:30+07:00

HDBank offers $286 million in preferential loans

The HCM City Housing Development Bank (HDBank) has offered businesses a preferential lending package worth VND6 trillion ($285.71 million).

 

The programme has been reserved for small and medium-d enterprises seeking capital for production, business activities and exports. It will also help firms fund projects and purchase manufacturing equipment.

The bank has set an annual interest rate of 6.6 per cent for loans with terms of six months or less, and a minimum rate of 9.69 per cent during the first year for medium to long-term loans. The programme will be valid until the end of June.

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