Friday, 10/04/2009 19:05

Disbursement of the interest rate support program to April 10, 2009

SBV announces the disbursement of the interest rate support program to April 10, 2009 as follows:

According to the express reports of credit institutions, the disbursement amount of the interest rate support program of the whole banking industry by April 3, 2009 reached around VND 218,424 billion (an increase by 8.06% in comparison with the previous week). Specifically, the group of state-owned commercial banks and the Central People’s Credit Fund have disbursed VND 162,256 billion (an increase by 7.44%); and the group of joint-stock commercial banks, the group of joint-venture banks, foreign banks branches and wholly-owned foreign banks, and the group of financial companies have allocated about VND 46,128 billion (an increase by 9.46%), VND 9,669 billion (an increase by 12.0%), and VND 371 billion (an increase of 6.91%) for this program, respectively.

sbv

Other News

>   Weekly Information on Banking Activities (April 2 – 8, 2009) (10/04/2009)

>   SBV reduces interest rates (10/04/2009)

>   VND may lose 5% of its value this year: Expert (10/04/2009)

>   Commodity prices still quoted in US dollars because of loosened control (10/04/2009)

>   Banks got headaches from SBV’s decision (10/04/2009)

>   Businesses, individuals still hesitate to borrow money (10/04/2009)

>   SBV adds up participators of interest rate support program (09/04/2009)

>   SBV Governor attends ASEAN Central Bank Governors’ and Finance Ministers' Meetings (09/04/2009)

>   No one expects basic interest rate reduction (09/04/2009)

>   SBV guidance on interest rate support for medium and long-term loans (09/04/2009)

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