Prime interest rate unchanged at 8%
VGP – The Governor of the State Bank of Việt Nam (SBV) on May 31 issued Decision 1311/QĐ-NHNN to keep the prime interest rate unchanged at 8% per year.
May 31, 2010 11:48 AM GMT+7
The decision will come into effect on
June 1, 2010. Accordingly, the base interest rate in
Vietnamese currency (VND) continues to be stabilized compared to the previous
month.
Illustration
photo
On the same day, the SBV released Notice 189/TB-NHNN on some types
of interest rates in VND of which refinancing and overnight rate on inter-bank
market per annum will be 8%. However, the discount rate is fixed at 6%.
By Kim Loan
