STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom – Happiness
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No. 838/2001/QD-NHNN
Hanoi, June 29th , 2001
 
DECISION
ON THE ADJUSTMENT OF THE DISCOUNT INTEREST RATE OF THE STATE BANK FOR CREDIT INSTITUTIONS BEING BANKS
THE GOVERNOR OF THE STATE BANK
Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 dated 12 December, 1997;
Pursuant to the Decree No. 15/CP dated 02 March, 1993 of the Government on the assignment, authority and responsibility for the State management of the ministries and ministry-level agencies;
Upon the proposal of the Director of the Monetary Policy Department,
DECIDES
Article 1. To adjust the discount interest rate of the State Bank for banks to 0.35% per month.
Article 2. This Decision shall be effective from 1 July, 2001 and supercede Decision No. 242/2001/QD-NHNN dated 29 March, 2001 of the Governor of the State Bank on the discount interest rate of the State Bank for credit institutions.
Article 3. The Director of the Administration Department, Directors of Departments in the State Bank of Vietnam, General Managers of the State Bank branches in provinces and cities, Chairman of the Board of Directors and Directors General (Directors) of banks shall be responsible for the implementation of this Decision.
 

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FOR THE GOVERNOR OF THE STATE BANK
DEPUTY GOVERNOR




Duong Thu Huong