Base interest rate remains at 8% p.a.
This Decision replaces Decision No.2024/QĐ-NHNN of the SBV Governor dated August 25, 2010 on the base interest rate.
On the same day, the SBV also issued Document No. 352/TB-NHNN to keep other interest rates unchanged as compared to the previous month. In particular:
- The refinancing interest rate is 8% p.a.,
- The discount rate is 6% p.a., and
- 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.
Diem Hang
SBv
> Hanoi: Most of banks meet capital adequacy ratio (27/09/2010)
> Two Taiwanese banks open branches in Vietnam (27/09/2010)
> Businesses bristle at high interest rates (27/09/2010)
> Banks await decisions on chartered capital (25/09/2010)
> Weekly Information on Banking Activities (Sep 10-16/2010) (24/09/2010)
> ATM fee charges deemed illegal (24/09/2010)
> Foreign diplomats evade tax on sale of used cars (24/09/2010)
> HSBC Vietnam opens branch in Can Tho (23/09/2010)
> Small banks have trouble with recapitalization (23/09/2010)
> PetroVietnam loaned $1 billion for refinery (23/09/2010)