Decision No. 271/QD-NHNN dated February 17, 2011 of the State Bank of Vietnam on refinancing interest rate, interest rate applicable to overnight loan in the inter-bank electronic payment and applicable to the loan for making up capital deficiency in clearing payment of State Bank of Vietnam for banks

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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:	271/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:	17/02/2011	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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STATE BANK

OF VIETNAM

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No. 271/QD-NHNN

SOCIALIST REPUBLIC OF VIETNAM

Independence- Freedom – Happiness

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Hanoi, 17 February 2011

DECISION OF THE GOVERNOR OF THE STATE BANK OF VIETNAM

On refinancing interest rate, interest rate applicable to overnight loan in the inter-bank electronic payment and applicable to the loan for making up capital deficiency

in clearing payment of State Bank of Vietnam for banks

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THE GOVERNOR OF THE STATE BANK

- Pursuant to the Law on the State Bank of Vietnam issued in 2010;

- 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 interest rates of the State Bank of Vietnam as follows:

1. Re-financing interest rate to be of 11.0% per annum.

2. Interest rate applicable to overnight loan in the inter-bank electronic payment and applicable to loan for making up capital deficiency in the clearing payment of State Bank of Vietnam for banks to be of 11.0% per annum.

Article 2. This Decision shall be effective from its signing date, providing for re-financing interest rate and interest rate applicable to overnight loan in inter-bank electronic payment and loan for making up capital deficiency in clearing payment of the State Bank for banks at the Decision No. 2620/QD-NHNN dated 5 November 2010 shall expire.

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