Annual prime interest rate remains at 8 percent
The State Bank of Vietnam has decided to keep the annual prime interest rate for VND at 8 percent.
The State Bank of Vietnam has decided to keep the annual prime interest rate for VND at 8 percent.
Other interest rates remain unchanged compared to last month.
The refinancing interest rate is set at 8 percent per annum, the discount rate at 6 percent and the overnight rate in inter-bank electronic payments and the rate of loans to finance balances in clearing transactions between the State Bank and commercial banks are all 8 percent per annum.
The decision will take effect as of January 1, 2010.
In 2010, the State Bank is aiming for a credit growth rate of 25 percent, lower than this year’s 37.73 percent./.
Other interest rates remain unchanged compared to last month.
The refinancing interest rate is set at 8 percent per annum, the discount rate at 6 percent and the overnight rate in inter-bank electronic payments and the rate of loans to finance balances in clearing transactions between the State Bank and commercial banks are all 8 percent per annum.
The decision will take effect as of January 1, 2010.
In 2010, the State Bank is aiming for a credit growth rate of 25 percent, lower than this year’s 37.73 percent./.
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