VietnameseDecision No. 378/QD-NHNN dated February 24,2009 of the State Bank on the base interest rate in Vietnamese Dong
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Decision No. 378/QD-NHNN dated February 24,2009 of the State Bank on the base interest rate in Vietnamese Dong
| 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: | 378/QD-NHNN | Signer: | Nguyen Van Giau |
| 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: | 24/02/2009 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Finance - Banking , Policy |
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Effect status: Known
STATE BANK OF VIETNAM ------------ No. 378/QD-NHNN | SOCIALIST REPUBLIC OF VIETNAM Independence- Freedom – Happiness -------------------- Hanoi, 24 February 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 7.0% per annum.
Article 2.
This Decision shall be effective from 01 March 2009 and replace the Decision No. 172/QD-NHNN dated 23 January 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 in provinces, cities under the central Government’s management; Board of Directors and General Directors (Directors) of Credit Institutions shall be responsible for the implementation of this Decision.
THE GOVERNOR OF THE STATE BANK OF VIETNAM NGUYEN VAN GIAU |
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