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Borrowing rates lowered to 6% pa

DA NANG Today
Published: July 10, 2014

Following a recent decision by the Da Nang authorities, loan interest rates for the city’s Development and Investment Fund, an entrusted fund from the local government, will be lowered to 6% pa from the current 7.5% pa.

Eligible borrowers are businesses across the city, from all economic sectors, who are involved in production and export activities, but not commercial businesses.  In addition, they can be co-operatives, businesses participating in the city’s market price stabilisation programme, plus others as stipulated by the city’s regulations.

 

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