The Government Housing Bank (GHB) has announced a reduction in loan interest rates by 0.125% - 0.250% per year, confirming its position as the financial institution with the lowest housing loan rates in the market. The new rates include a reduction of the Minimum Loan Rate (MLR) to 5.875% per year, the Minimum Retail Rate (MRR) to 6.375% per year, and the Minimum Overdraft Rate (MOR) to 6.500% per year.

Mr. Chatchai Sirilai, Managing Director of the Government Housing Bank, stated that this move aims to alleviate the interest burden on customers while also supporting economic growth. As a state-owned financial institution with the mission of 'enabling Thais to own homes,' GHB is committed to making housing more accessible.

Consequently, the bank has reduced the loan interest rates as follows: the interest rate for prime corporate customers on term loans (MLR) has decreased from 6.000% per year to 5.875% per year, and the interest rate for prime retail customers (MRR) has decreased from 6.500% per year to 6.375% per year.

Additionally, the interest rate for prime corporate customers on overdraft loans (MOR) has decreased from 6.750% per year to 6.500% per year. These new rates will take effect from February 7, 2020, and represent the lowest housing loan rates currently available in the financial system.

For more information, please contact the Government Housing Bank at any branch nationwide, or call the Customer Service Center at 0-2645-9000, or visit www.ghbank.co.th and the GHB Facebook Fanpage.