HAG: Sign contract with BIDV

On January 10th 2009, the Bank of Investment and Development of Vietnam signed a fully comprehensive contract with the Hoang Anh Gia Lai Group (HAGL).

During the period of 2009-2011, BIDV commit to support HAGL with financial package of VND5,650 billion for projects such as real estate, rubber, minerals, hydroelectricity……Especially, BIDV will finance customers who buy real estate of HAGL with lending amount of 60-70% of apartment value in the term of 10 – 20 years. This is also valid in case customers who do not prove their income.

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