Real estate loans increase strongly

04:08, 12/08/2016

(ĐN)- According to Dong Nai Branch of State Bank, real estate loans amounted to around VND6 trillion, accounting for 4.96 percent of total outstanding loans, an increase of 16.64 percent compared to the end of last year.

(ĐN)- According to Dong Nai Branch of State Bank, real estate loans amounted to around VND6 trillion, accounting for 4.96 percent of total outstanding loans, an increase of 16.64 percent compared to the end of last year.

Accordingly, medium and long-term loans made up over 98 percent while short-term loans were nearly 2 percent.

So far, more than VND257 billion of the Government’s VND30 trillion package designed to stimulate demand and supply of social housing had been disbursed to borrowers who are in need of housing that met criteria on price, up some 26 percent against the beginning of the year.

Reported by V.L