Wednesday, 25/03/2009 22:34

Base interest rate remains unchanged

The State Bank of Vietnam (SBV) on March 24 issued an announcement related to several interest rates applicable from April 1st as follows :

The base interest rate remains unchanged at 7% p.a., the refinancing interest rate is 8% p.a., the discount rate is 6% p.a., and both the overnight rate in the inter-bank electronic payment and the rate of loans to finance short balances in clearing transactions between SBV and commercial banks is 8% p.a.

sbv

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