Decision No. 242/2001/QD-NHNN of March 29, 2001, on the discount interest rate of the State Bank for credit institutions

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Decision No. 242/2001/QD-NHNN of March 29, 2001, on the discount interest rate of the State Bank for credit institutions
Issuing body: State Bank of VietnamEffective date:
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Official number:242/2001/QD-NHNNSigner:Le Duc Thuy
Type:DecisionExpiry date:
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Issuing date:29/03/2001Effect status:
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Fields:Finance - Banking
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STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence-freedom-happiness
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No. 242/2001/QD-NHNN
Hanoi, March 29th , 2001
 
DECISION
ON THE DISCOUNT INTEREST RATE OF THE STATE BANK FOR CREDIT INSTITUTIONS
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 ministerial-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 credit institutions to 0.40% per month.
Article 2. This Decision shall be effective from 1 April, 2001 and supercede Decision No. 466/2000/QD-NHNN1 dated 2 November, 2000 of the Governor of the State Bank on the adjustment of the discount interest rate of the State Bank for credit institutions.
Article 3. The Head of the Administrative 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 credit institutions shall be responsible for the implementation of this Decision.
 

 
THE GOVERNOR OF THE STATE BANK




Le Duc Thuy
 
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