Title:
Directions for Allocation and Operations of Emergency Home Reconstruction Loan Funds for Victims of the 921 Earthquake
(Cost for banks underwriting loans)
The interest rate charged underwriting banks by the Directorate General of Postal Remittances and Savings Banks on allocations of the Funds shall be set and adjusted in accordance with the floating interest rate on one-year postal time deposits (currently 5.35 percent per annum). The difference between the interest rate charged underwriting banks and the loan interest rates for the Financing shall be borne by the Bank.