Vietnam banks chary of low-income hou...

Vietnam banks chary of low-income housing lending program

There are 1 comment on the Thanh Nein News story from Jun 26, 2013, titled Vietnam banks chary of low-income housing lending program. In it, Thanh Nein News reports that:

No mortgages yet as lenders worry about possible bad debts when they lend to poor, losses, and rules that are still work in progress These old deteriorating apartment blocks in Ho Chi Minh City downtown are home to some dozens of low income households A fear of bad debts and vague regulations for lending are making banks reluctant to participate in ... (more)

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the beauty of De Lunne

London, UK

#1 Jun 26, 2013

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