Proposal to reduce lending interest rates
On the morning of March 14, at the Government Office, Mr. Bui Quang Anh Vu - General Director of Phat Dat Real Estate Development Joint Stock Company was invited to attend the Conference on Deployment of monetary policy management tasks in 3, Focus on removing difficulties for production and business, promoting growth and macroeconomic stability.
Mr. Bui Quang Anh Vu - General Director of Phat Dat Real Estate Development Joint Stock Company attended the Conference.
Representative of real estate businesses attending the Conference, Phat Dat hopes the Government will continue to have policies on preferential credit packages; support for shortening approval time; create conditions for credit institutions to disburse funds; Reducing lending interest rates is associated with increased access to credit capital.
Regarding real estate, Phat Dat also proposed that the Government continue to have policies to support the removal of legal procedures for the real estate market, so that projects are eligible to be traded on the market; We hope that the Government will actively direct and establish an inter-ministerial working group to support localities and businesses to promptly resolve difficulties.
Efforts to repay corporate bonds before maturity
In 2023, Phat Dat also faces major challenges related to capital and liquidity. However, thanks to the Government's timely solutions and the trust of investors, Phat Dat successfully mobilized capital through issuing private shares to professional securities investors, earning a profit. amount of more than 670 billion VND.
Real estate projects with complete legal requirements are eligible for bank loans.
At the end of 2023, Phat Dat paid corporate bond debt worth VND 2.500 billion on time and ahead of schedule, bringing the bond loan balance to Zero. This effort of Phat Dat has demonstrated the business's reputation and responsibility to bondholders; reputation with credit institutions; contributing to rebuilding investor confidence, strengthening the psychology of the corporate bond market in particular and the capital market in general.
Phat Dat real estate projects all have complete legal requirements to qualify for bank loans. In the fourth quarter of 4, Military Commercial Joint Stock Bank (MB Bank) provided comprehensive financial solutions of more than VND 2023 billion to Investors and customers who own products of the project in Binh province. Positive. In February 6.000, MB Bank continued to support a loan package of 02 billion VND for the project located in Binh Dinh province.
