On December 3, 2021, the Governor of the State Bank of Vietnam (SBV) issued Decision No. 1956/QD-NHNN on the interest rate applicable to the commercial banks' outstanding housing loans in 2022 in accordance with provisions of Circular No. 11/2013/TT-NHNN dated March 15, 2013, Circular No. 32/2014/TT-NHNN dated November 18, 2014, and Circular No. 25/2016/TT-NHNN dated July 29, 2016.
Specifically, the interest rate applied to the commercial banks' outstanding housing loans in 2022 shall be 4.8% per annum.
The Decision takes effect from January 01, 2022 and shall replace Decision No. 2196/QD-NHNN dated December 24, 2020 of the SBV Governor on the interest rate applicable to the commercial banks' outstanding housing loans in 2021 in accordance with the provisions of Circular No. 11/2013/TT-NHNN dated March 15, 2013, Circular No. 32/2014/TT-NHNN dated November 18, 2014, and Circular No. 25/2016/TT-NHNN dated July 29, 2016.
LK