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THE VIETNAM BANK FOR SOCIAL POLICIES’ LOAN INTEREST RATE FOR PURCHASING SOCIAL HOUSES IS 4.8%/YEAR

On April 01, 2021, the Prime Minister issues the Decision No. 532/QD-TTg on the Vietnam Bank for Social Policies’ concessional loan interest rate for purchase and rent-purchase of social houses and house building, renovation or repair under Article 16 of the Government’s Decree No. 100/2015/ND-CP of October 20, 2015, on social housing development and management.

Accordingly, the Vietnam Bank for Social Policies’ concessional loan interest rate for purchase and rent-purchase of social houses and house building, renovation or repair under Article 16 of the Government’s Decree No. 100/2015/ND-CP is 4.8 percent per year.

This Decision takes effect from the date of its signing through January 01, 2023.