2025-10-16

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Amendment of Interest Rates for Real Estate Financing Initiatives for Low and Middle-Income Earners

The Council of Ministers approved amendments to the interest rates for two real estate financing initiatives effective October 15, 2025. The rate for the initiative targeting middle-income earners is increased from 8% to 12% (declining balance), while the rate for the initiative covering low and middle-income earners is raised from 3% to 8% (declining balance). These revised rates apply to all new loans under these initiatives starting from the decision date.

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