Commercial banks had by January 31 disbursed 1.068 trillion VND (50.61 million USD) from the 30 trillion-VND housing support package to 2,218 customers.

The State Bank of Vietnam (SBV) said in a February 18 statement that the disbursed loans increased by 32.7 percent from the figure of last December.

Earlier, the banks committed to offer loans to 2,231 individuals with a total capital of 801.6 billion VND (37.99 million USD). Of which, 533.7 billion VND (25.3 million USD) was disbursed to 2,208 borrowers.

The Bank for Investment and Development of Vietnam (BIDV) reached the highest disbursement of 192.4 billion VND (9.11 million USD), followed by the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) with 153.4 billion VND (7.27 million USD).

The lowest disbursement was seen in the Mekong Housing Bank with over 7.7 billion VND (nearly 365,000 USD).

The SBV also said it has confirmed registration from three banks - BIDV, VietinBank, and Bank for Agriculture and Rural Development - to sign contracts valued at 1.5 trillion VND (71.09 million USD) with 15 enterprises, accounting for 16.7 percent of the total capital for housing for businesses.

So far, 534.8 billion VND (25.34 million USD) has been disbursed to ten firms, the SBV added.
The 30 trillion VND (1.42 billion USD) package for housing support was announced last year by the SBV.-VNA