Bank leaders speak out about real estate loan interest rates reaching 14% per year.

(NLĐO) – This year, real estate credit will be more tightly controlled, and project developers will have to be more rigorous in project implementation and selection.

Following the Nguoi Lao Dong newspaper's report that some commercial banks had raised fixed interest rates for real estate loans to around 14% per year for the first 24 months, leaders of several other banks affirmed that they had not yet increased interest rates for homebuyers.

At a recent investor conference of Military Bank (MB), many investors expressed interest in the trend of lending interest rates, including real estate lending rates, as some banks have rapidly adjusted them upwards.

Mr. Luu Trung Thai, Chairman of the Board of Directors of MB, said that with the government's target of economic growth of 10% or more, a flexible credit growth rate of 15-16% is also stable.

Given the current economic climate with numerous channels for capital mobilization, including public and private investment, a recovering bond market, and several new initial public offerings (IPOs) in the stock market, raising capital for the economy will be easier. Therefore, a 15% increase in credit is appropriate, as the less credit is needed to ensure economic growth, the better.

"This year, real estate credit will be more tightly controlled, and project developers will have to be more rigorous in project implementation and selection. Banks themselves will also selectively choose real estate projects to lend to, aiming to bring real estate prices down to a level reasonable with people's incomes and ensure long-term needs."

"Credit supply for commercial real estate, investment and business purposes has decreased, and interest rates vary depending on whether the need is for investment or residential use, ranging from 9-11% per year. However, some preferential programs still maintain rates from 8-8.5% per year because MB's policy is to allocate a portion of its budget to individual customers with genuine housing needs," Mr. Luu Trung Thai affirmed.

Lending interest rates in 2026 are projected to remain relatively low in order to support economic growth.

Regarding interest rate trends, a representative from MB stated that deposit interest rates have edged up since the end of 2025, but lending interest rates will not change significantly. Lending interest rates will be maintained reasonably according to each sector – sectors with high risk will see higher rates, while segments needing to stimulate consumer demand and spending will have more reasonable rates.

AtACB , a representative stated that the interest rate for home loans is currently 8% per year, with a preferential rate for the first three months. If customers borrow to purchase a home in a project through ACB's partner banks, the interest rate will be further reduced by 0.3 percentage points.

According to an ACB representative, this is arguably the most competitive interest rate on the market at the moment, given that the bank still prioritizes individual customers, especially those borrowing to buy homes for residential purposes.

Meanwhile, Shinhan Bank applies interest rates for real estate loans at a fixed rate of 7.95%/year for 12 months, 8%/year for 24 months, and 8.1%/year for 36 months.

At BIDV , in the latest real estate loan interest rate schedule, the bank has also increased interest rates for housing loans to a minimum of 9.7%/year for the first 6 months; a minimum of 10.1%/year for the first 12 months; and up to 13.5%/year for the first 18 months.

Source: https://nld.com.vn/lanh-dao-ngan-hang-len-tieng-ve-muc-lai-suat-cho-vay-bat-dong-san-len-toi-14-nam-196260206080430509.htm