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<CN Home>Qingdao & 15 Other Cities in Shandong Adjust Min. Down Payment Ratio for Loans Used in Commercial Property Purchases
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The Shandong branch of the People's Bank of China recently released a policy on adjusting the minimum down payment ratio for loans used in commercial property purchases in 16 Cities of Shandong Province. Effective from today (27th), the minimum down payment ratio for loans on commercial property purchases, including commercial-residential hybrid properties, in Qingdao and 15 other cities in Shandong will be adjusted to no less than 30%. The specific ratio will be determined by banks independently. AAStocks Financial News |
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