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GHB Announced the Operating Result for the First Nine Months of 2007
Mr. Khan Prachuabmoh, the President of Government Housing Bank (GHB), announced the operating result of first nine months of 2007 that the bank had a net profit of 1,933 million baht and a non-performing loans (NPL) has decreased to 5.68% of the total outstanding loans in which the bank has provided loans in total amount of 69,701 million baht compared to the yearly target of 95,500 million baht. Meanwhile, the bank has reduced the three-year fixed mortgage interest rate to 3.75% for the first six months, 5.50% from the seventh to the 36th months of the loan, and the minimum retail rate (MRR) afterwards, starting November 1, 2007 until December 31, 2007, in which 20,000 million baht has been set aside for this special interest rate offer, at Press Release Room of Corporate Communications Department, Government Housing Bank (Head Office), October 30 2007.
