HSBC offers special individual loans

TN News

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HSBC Vietnam is offering attractive loans to people looking to buy their dream home or the latest car this season, the bank said in a recent statement.


Individuals with monthly salaries of more than VND5 million (US$256) can borrow up to VND250 million of unsecured consumer loans at competitive interest rates.


Those who earn more than VND10 million a month can borrow 70 percent of the value of a new house or car. The property will become the mortgage.


The car loan is for five years whereas the home loan is for 25 years.


Borrowers must have worked at their company for more than one year.


HSBC Vietnam was named the best bank in the country last year by the Asset Magazine in their Triple A Country Awards 2010.


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