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SBV keeps preferential interest rate for social housing unchanged

English Reatimes
09/01/2020, 04:00 GMT+7

Reatimes.vn The commercial banks’ preferential interest rates will be remain unchanged at 5 per cent for social housing this year, according to a decision of the State Bank of Viet Nam (SBV).




SBV keeps preferential interest rate for social housing unchanged
Dai Kim social housing project in Hoang Mai District, Hanoi. (Photo: Minh Nghia)

Beneficiaries are investors in social housing projects and people eligible for housing loans under the Government's Resolution No.02/NQ-CP of January 7, 2013, buying social houses with an area of less than 70sq.m and selling price of under VND15 million (US$645) per square metre.

This decision came into effect since January 1, this year.

Source: VNA »

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