Two sign credit agreement for Saigonres Plaza project in HCMC.
HDBank has signed a comprehensive cooperation contract with Saigonres Nam Do for its Saigonres Plaza project in Binh Thanh district, Ho Chi Minh City, lending VND1.09 trillion ($48.63 million) at a preferential interest rate of 6.8 per cent per annum.
HDBank is the only credit provider for the project.
The signing marks the continued long-term cooperation in the business strategies of the two parties, based on equality, mutual benefit, and trust. The two pledged to create favorable conditions for the further development of the strategic cooperation.
HDBank expects the provision of financial services to the real estate sector will not only bring benefits to the parties involved and diversify property products but also help Vietnam’s real estate market.
Mr. Pham Quoc Thanh, Deputy General Director of HDBank, said it offers comprehensive financial packages for customers and its cooperation with Saigonres aims to support the development of property projects.