THE STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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No. 9596/NHNN-CSTT
Re: making report on outstanding loans based on lending interest rate
Hanoi, October 28th, 2008

 

To:
- General Managers of State Owned Commercial Banks
- General Managers of Joint Stock Commercial Banks
- General Managers of Joint Venture Banks
- General Managers of Foreign bank branches
 
In September 2008, consumer price index increased at low ratio (0.18%) and it decreased in October 2008 (-0.19%). Governor of the State Bank has decided some measures of controlling monetary policy in order to adjust lending interest rates of credit institutions applicable to customers. In general, credit institutions have decreased their lending interest rates and publicly announced the interest rates on mass media. However, through the hot line and feedback of several enterprises, local leaders, the lending interest rates have not been decreased much and it is difficult for enterprises to access to loan funds of banks.
Governor of the State Bank of Vietnam requires General Directors of Credit Institutions as mentioned above to make report on the data related to outstanding loans in Vietnam Dong classified by different lending interest rates as of 28 October 2008 in accordance with the form attached to this official dispatch and send the report to State Bank of Vietnam within 30 October 2008 for consolidation.
 
 
THE GOVERNOR OF THE STATE BANK OF VIETNAM


Nguyen Van Giau
 
NAME OF CI:
REPORT ON STRUCTURE OF OUTSTANDING LOANS IN VND BY LENDING INTEREST RATES AS AT 28 OCTOBER 2008
(attached to the Official Dispatch No. 9596/NHNN-CSTT dated 28 October 2008)
 Ordinal number
Content
Data
1
Total outstanding loans in VND (billion dong)
 
2
Structure of total outstanding loans in VND classified by interest rate (%)
100%
a
Proportion of outstanding loan in VND at the interest rate of 19.5% per annum and more
 
b
Proportion of outstanding loan in VND at the interest rate from 18% per annum to 19.5% per annum
 
c.
Proportion of outstanding loan in VND at the interest rate from 17% per annum to 18% per annum
 
d
Proportion of outstanding loan in VND at the interest rate of less than 17% per annum
 
Note: - Total outstanding loans calculated by billion dong in (2) = (1)
- Sending address: State Bank of Vietnam, Monetary Policy Department 49 Ly Thai To, Hanoi, Tel number: 38246955, Fax number: 38240132
 
Drawer
........., ..../..../2008
General Director