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An Binh Bank to launch lending package

Jul 10th at 17:08
10-07-2014 17:08:55+07:00

An Binh Bank to launch lending package

An Binh Bank will launch a VND1trillion (US$46 million) lending package on July 14 to finance production and consumers.

 

In the first 12 months, annual borrowing costs are fixed at 8.5 per cent for production loans, 8.7 per cent for land purchase and house amendments and 8.9 per cent for car purchases and other consumer durables.

Customers must borrow at least VND100 million ($4,600) for a minimal period of 24 months to join the package, which will end on December 31.

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