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HDBank earmarks $178m for loans against deposits

Sep 8th at 09:30
08-09-2015 09:30:24+07:00

HDBank earmarks $178m for loans against deposits

The HCM City Housing Development Bank (HDBank) has set aside VND4 trillion (US$178.17 million) for lending to businesses against their deposits in dong or dollars at any bank.

 

Loans under the programme, targeted at corporate customers nation-wide, carry interest rates starting at 6.5 per cent. The rate will remain unchanged during the loan period.

The programme will run from now to December 31.

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