SBV issues Circular on amending and guiding interest rate support mechanism

To implement Decision No. 333/TTg-QĐ of the Prime Minister dated March 10th, 2009 on adding participators of the interest rate support program, the SBV Governor issued on March 13 Circular 04/2009/TT-NHNN on amendment to Circular 02/209/TT-NHNN dated February 3rd, 2009 on detailed regulations for assisting and supporting the business and productive corporate and individual borrowers in terms of interest rates. The Circular took effect on the signing date.

Under the Circular, financial companies, namely, the Rubber Finance Company, the Mineral and Coal Finance Company, the Petro Vietnam Finance Joint-Stock Corporation, the Vietnam Shipbuilding Finance Company, and the Handico Finance Company were added up to the list of participators of the interest rate support program.

Additionally, VND short-term loans to enterprises operating in the mining sector are also governed by the interest rate support program.

My Huong

SBV

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