Bangkok: The Government Housing Bank (GHB) has announced a reduction in its Minimum Retail Rate (MRR) interest rate for retail loans by 0.25% per year. This change, effective August 15, 2025, is aimed at easing housing burdens and stimulating the real estate sector.
According to Thai News Agency, Mr. Kamolpop Virapala, President of GHB, stated that this decision follows the Monetary Policy Committee's resolution to reduce the policy interest rate by 0.25 percentage points per year, from 1.75% to 1.50%, on August 13, 2025. The GHB is keen to contribute to reducing the housing burden for its customers and boosting the real estate sector. The MRR will decrease from the current 6.495% to 6.245% per year, maintaining GHB's position with the lowest rates compared to other commercial banks and state-owned financial institutions.
Mr. Kamolpop emphasized that the reduction in the MRR aims to lower the debt burden of retail customers, who form the core customer base of the bank. This reduction will decrease installment payment costs, providing customers with more disposable income. The MLR for prime corporate loans is currently at 6.100% per year, and the MOR for prime corporate overdrafts is at 6.000% per year, both of which are the lowest in the market.
As a state-owned financial institution, GHB's mission is to help Thais own homes, prioritizing customer care for all segments, especially low- and middle-income earners and vulnerable groups. The bank also extends assistance to customers impacted by income losses to help them maintain homeownership. For more information, customers can contact any GH Bank branch, call the GH Bank Call Center at 0-2645-9000, visit the Government Housing Bank Facebook page, and follow updates via the GHB ALL GEN application and www.ghbank.co.th.