VietnameseDecision No. 1081/QD-NHNN dated May 25, 2012 of the State Bank of Vietnam on interest rate of refinance, rediscount and overnight loan in inter-bank electronic payment and make loans for capital deficit in clearing of the State Bank of Vietnam
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Decision No. 1081/QD-NHNN dated May 25, 2012 of the State Bank of Vietnam on interest rate of refinance, rediscount and overnight loan in inter-bank electronic payment and make loans for capital deficit in clearing of the State Bank of Vietnam
| Issuing body: | State Bank of Vietnam | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 1081/QD-NHNN | Signer: | Nguyen Dong Tien |
| Type: | Decision | Expiry date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Issuing date: | 25/05/2012 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Finance - Banking |
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THE STATE BANK OF VIETNAM No.: 1081/QD-NHNN | SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness ------ Hanoi, May 25, 2012 |
DECISION
ON INTEREST RATE OF REFINANCE, REDISCOUNT AND OVERNIGHT LOAN IN INTER-BANK ELECTRONIC PAYMENT AND MAKE LOANS FOR CAPITAL DEFICIT IN CLEARING OF THE STATE BANK OF VIETNAM
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GOVERNOR OF THE STATE BANK OF VIETNAM
Pursuant to June 16, 2010 Law No. 46/2010/QH12 on the State Bank of Vietnam;
Pursuant to June 16, 2010 Law No. 47/2010/QH12 on Credit Institutions; 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 dated January 03, 3012 of the Government on major solutions governing the implementation of economic and social development plans and state budget estimation in 2012;
At the proposal of the director of the Monetary Policy Department;
DECIDES:
Article 1 : To fix the interest rate of the State Bank of Vietnam as follows:
1. Refinance interest rate: 12,0%/year.
2. Rediscount interest rate: 10,0%/year.
3. Overnight loan interest rate in inter-bank electronic payment and make loans for capital deficit in clearing of the State Bank of Vietnam: 13,02012 %.
Article 2. This Decision takes effect on May 28, 2012 and replaces the Decision No. 693/QD-NHNN dated April 10, 2012 on interest rate of refinance, rediscount and overnight loan in inter-bank electronic payment and make loans for capital deficit in clearing of the State Bank of Vietnam.
Article 3. 4. The Chief of the Office, the director of the Monetary Policy Department and heads of units of the State Bank, directors of provincial-level State Bank branches: Boards of Directors and Directors General (Directors) of credit institutions and concerned institutions and individuals shall implement this Decision.
FOR THE STATE BANK GOVERNOR DEPUTY GOVERNOR NGUYEN DONG TIEN |
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