| STATE BANK OF VIETNAM ------- No. 2646/QD-NHNN | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness --------- Hanoi , December 21, 2012 |
DECISION
ON REFINANCING INTEREST RATE, REDISCOUNT INTEREST RATE AND INTEREST RATE APPLICABLE TO OVERNIGHT LOAN IN THE INTER-BANK ELECTRONIC PAYMENT AND APPLICABLE TO LOAN FOR MAKING UP CAPITAL DEFICIT IN THE CLEARING PAYMENT OF STATE BANK OF VIETNAM FOR BANKS
THE GOVERNOR OF THE STATE BANK
Pursuant to the Law on the State bank of Vietnam No. 46/2010/QH12, of June 16, 2010;
Pursuant to the Government’s Decree No. 96/2008/ND-CP, of August 26, 2008, defining the functions, tasks, powers and organizational structure of the State bank of Vietnam;
In furtherance of the Government’s Resolution No. 01/NQ-CP, of January 03, 2012 on major solutions to direct implementation of the socio-economic development plan and State budget estimate in 2012;
At the proposal of the Director of the Monetary policy department,
DECIDES
Article 1. To stipulate the interest rates of the State bank of Vietnam as follows:
1. Re-financing interest rate to be of 9.0% per annum.
2. Rediscount interest rate to be of 7.0% per annum.
3. Interest rate applicable to overnight loan in the inter-bank electronic payment and applicable to loan for making up capital deficit in the clearing payment of State Bank of Vietnam for banks to be of 10.0% per annum.
