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PPCBank Offers Up To 90% Home Loan From Start Of Construction At Borey PR Property

Phnom Penh – PPCBank has celebrated the signing of a new partnership with PR Property (Cambodia) Co., Ltd. The Memorandum of Understanding for a special housing loan package was signed on the morning of 26th August between PPCBank’s Senior Vice President, Mr. Nhak Kimsroy, and PR Property Cambodia’s Chief Executive Officer, Mr. Tes Phearun.

Under the agreement, PPCBank will offer loans of up to 90% of the property value with up to a 20-year loan term for buyers who purchase a home at Borey PR Property. In addition, Borey PR Property customers who apply for the loan from PPCBank can expect loan approval from the time the home’s construction starts, complete with extremely favourable terms.

“Purchasing a home is the biggest financial decision people make in their lives. Through this partnership, PPCBank and PR Property are strongly committed to providing a comprehensive loan consultation and a quality home construction for customers to own their dream home,” said Mr. Nhak Kimsroy, Senior Vice President of PPCBank.

“The customers who buy a home in Borey PR Property will obtain a home loan faster and more conveniently through PPCBank’s Fast Account, where the customers can transfer money instantly to PR Property’s account free of charge via KHQR”, he added.

Mr. Tes Phearun, the CEO of PR Property Cambodia, said, “This collaboration between PPCBank and PR Property will build a strong and lasting business partnership as PPCBank is one of the first banks in Cambodia to offer special investment terms for real estate developers and a loan package which meets all a customer’s needs. Through the signing of this MoU with PPCBank, the customers of Borey PR Property will receive many benefits pertaining to easy payment terms for an affordable housing loan, with up to 90% financing and up to a 20-year repayment term, as well as enjoying a special discount on Borey PR Property homes.”

For more information, please visit the Borey PR Property Sales Office or contact 086 758 889/061 758 889/060 758 889.