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Please Sign in your LuatVietnam account and sign up for the lookup software .| Issuing bodies: | Prime Minister | Effective date: | |
| Official number: | 1990/QD-TTg | Signer: | Le Minh Khai |
| Legislation Type: | Decision | Expired date: | |
| Issuing date: | 26/11/2021 | Effect: | |
| Fields: | Finance - Banking , Policy |
Reduce 10% of loan interest rates for policy credit programs until the end of December 31, 2021
This content is defined in the Decision No. 1990/QD-TTg dated November 26, 2021 of the Prime Minister on reducing the loan interest rates for policy credit programs at the Vietnam Bank for Social Policies.
Specifically, the loan interest rates for policy credit programs at the Vietnam Bank for Social Policies which is regulated by the Prime Minister shall be reduced by 10%. The Vietnam Bank for Social Policies shall enhance measures to balance operation expenses to reduce loan interest rates within the plan of capital offsetting interest rate differences and management charges assigned in 2021.
Besides, the duration of reducing the loan interest rates for policy credit programs as specified which apply to outstanding loans at the Vietnam Bank for Social Policies is from October 01, 2021 to the end of December 31, 2021. After December 31, 2021, the loan interest rates for policy credit programs at the Vietnam Bank for Social Policies shall comply with the current regulations of the Prime Minister.
This Decision takes effect from October 01, 2021 to the end of December 31, 2021.
For further details of the Decision 1990/QD-TTg, Click here
