Decision No. 2665/QD-NHNN dated November 25, 2009 of the State Bank on the base interest rate in Vietnamese dong

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Decision No. 2665/QD-NHNN dated November 25, 2009 of the State Bank on the base interest rate in Vietnamese dong
Issuing body: State Bank of VietnamEffective date:
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Official number:2665/QD-NHNNSigner:Nguyen Van Giau
Type:DecisionExpiry date:
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Issuing date:25/11/2009Effect status:
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Fields:Finance - Banking
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STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No. 2665/QD-NHNN
Hanoi, November 25, 2009
 
DECISION
ON THE BASE INTEREST RATE IN VIETNAMESE DONG
THE GOVERNOR OF THE STATE BANK
- Pursuant to the Law on the State Bank of Vietnam in 1997; the Law on the amendment, supplement of several Articles of the Law on the State Bank of Vietnam in 2003;
- Pursuant to the Law on Credit Institutions in 1997; the Law on the amendment, supplement of several Articles of the Law on Credit Institutions in 2004;
- Pursuant to the Decree No. 96/2008/ND-CP dated 26 August 2008 of the Government providing for the functions, duties, authorities and organizational structure of the State Bank of Vietnam;
- Upon the proposal of the Director of the Monetary Policy Department
,
DECIDES:
Article 1. To announce the base interest rate in Vietnamese Dong to be of 8.0% per annum.
Article 2. This Decision shall be effective from 01 December 2009 and replace the Decision No. 2459/QD-NHNN dated 28 October 2009 of the Governor of the State Bank on the base interest rate in Vietnamese Dong.
Article 3.
The Director of Administrative Department, the Director of the Monetary Policy Department and Heads of units of the State Bank of Vietnam, General Managers of the State Bank branches
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