Updated on : Thứ Năm, 07/03/2019 - 5:35 CH
Gov’t fixes loan interest rate for social housing in 2019
VGP – The Government has decided to keep loan interest rate unchanged at 5% this year for purchase, rent or hire of social housing projects, according to Decision No. 255/QD-TTg signed by the Prime Minister.

The decision took effect since March 4, 2019.

Loan term shall be at least 15 years but borrowers and bankers may reach agreement on shorter term.

Last year, the Prime Minister also signed Decision No. 117/QD -TTg dated January 22, 2018 stipulating this kind of interest rate, which was only applicable in 2018.

By Huong Giang

Thuy
ONLINE NEWSPAPER OF THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF VIET NAM
Editor-in-chief: Vi Quang Dao
License No. 137/GP-BTTTT dated on April 21, 2014
Head office: No. 16, Le Hong Phong - Ba Dinh - Ha Noi
Tel: 080 43162 – 080 48440; Fax: 080 48924
Email: thongtinchinhphu@chinhphu.vn
Copyright ©, Online Newspaper of the Government - Viet Nam Government Portal. All rights reserved.