Bidv to spare 500b dong to finance housing saving fund

Bank for Investment and Development of Vietnam (Bidv) will set aside of 500 billion dong to finance housing saving fund if the Construction Ministry’s proposal is approved by the government, according to Bidv’s chair of director board, Tran Bac Ha.

Bidv has recently also launched a credit package worth four trillion dong to speed up lending for retail segment, mainly focusing on supporting the output of Bidv-funded real estate projects at the interest rate of 16 percent per year.

 

Category: Finance