| STATE BANK OF VIETNAM --------------- No. 9756/NHNN-CSTT Re: interest rate in the inter-bank market | SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness -------------------- Hanoi, 10 December 2009 |
| To: | - Credit institutions - State Bank branches in provinces, cities |
The interest rate in the inter-bank market has been increasing since the beginning of December 2009 due to the fact that credit institutions (branches of credit institutions) have been mobilizing and providing loans in Vietnamese Dong in the inter-bank market with high interest rate. In order to stabilize the currency market, the Governor of the State Bank hereby requires credit institutions and State Bank branches in provinces, cities to implement the followings:
1. In respect of credit institutions